Sanibel Captiva Trust Company Inc. Raises Stock Position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Sanibel Captiva Trust Company Inc. grew its stake in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 1.2% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 796,886 shares of the company’s stock after purchasing an additional 9,241 shares during the period. Vanguard High Dividend Yield ETF makes up 3.2% of Sanibel Captiva Trust Company Inc.’s investment portfolio, making the stock its 4th biggest holding. Sanibel Captiva Trust Company Inc.’s holdings in Vanguard High Dividend Yield ETF were worth $101,675,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently made changes to their positions in VYM. Mesirow Financial Investment Management Inc. grew its position in Vanguard High Dividend Yield ETF by 101.2% in the 3rd quarter. Mesirow Financial Investment Management Inc. now owns 1,097,218 shares of the company’s stock valued at $140,664,000 after purchasing an additional 552,003 shares during the period. Accredited Investors Inc. grew its holdings in shares of Vanguard High Dividend Yield ETF by 18,516.9% during the third quarter. Accredited Investors Inc. now owns 399,705 shares of the company’s stock valued at $51,242,000 after buying an additional 397,558 shares during the last quarter. Sanctuary Advisors LLC bought a new stake in shares of Vanguard High Dividend Yield ETF during the second quarter worth about $27,104,000. Kovitz Investment Group Partners LLC raised its holdings in shares of Vanguard High Dividend Yield ETF by 4,879.6% in the 3rd quarter. Kovitz Investment Group Partners LLC now owns 174,534 shares of the company’s stock worth $22,101,000 after acquiring an additional 171,029 shares during the last quarter. Finally, Wharton Business Group LLC lifted its position in Vanguard High Dividend Yield ETF by 19.8% in the 3rd quarter. Wharton Business Group LLC now owns 894,801 shares of the company’s stock valued at $114,713,000 after acquiring an additional 148,184 shares in the last quarter.

Vanguard High Dividend Yield ETF Stock Performance

Shares of VYM opened at $131.69 on Friday. Vanguard High Dividend Yield ETF has a 52 week low of $109.47 and a 52 week high of $135.07. The stock has a 50 day moving average price of $130.49 and a two-hundred day moving average price of $127.03. The firm has a market capitalization of $59.63 billion, a P/E ratio of 15.88 and a beta of 0.70.

About Vanguard High Dividend Yield ETF

The Vanguard High Dividend Yield Index Fund (VYM) is an exchange-traded fund that is based on the FTSE Custom High Dividend Yield index. The fund tracks the FTSE High Dividend Yield Index. The index selects high-dividend-paying US companies, excluding REITS, and weights them by market cap. VYM was launched on Nov 10, 2006 and is managed by Vanguard.