Grimes & Company Inc. Increases Holdings in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Grimes & Company Inc. boosted its position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 13.1% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 16,637 shares of the company’s stock after buying an additional 1,924 shares during the period. Grimes & Company Inc.’s holdings in Vanguard High Dividend Yield ETF were worth $2,133,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently bought and sold shares of VYM. Chris Bulman Inc purchased a new position in shares of Vanguard High Dividend Yield ETF during the 2nd quarter valued at about $26,000. Central Pacific Bank Trust Division purchased a new position in Vanguard High Dividend Yield ETF during the first quarter valued at approximately $27,000. Cultivar Capital Inc. acquired a new position in Vanguard High Dividend Yield ETF in the second quarter valued at approximately $36,000. Dixon Mitchell Investment Counsel Inc. purchased a new stake in Vanguard High Dividend Yield ETF in the 1st quarter worth approximately $44,000. Finally, Clean Yield Group acquired a new stake in shares of Vanguard High Dividend Yield ETF during the 1st quarter worth approximately $44,000.

Vanguard High Dividend Yield ETF Price Performance

VYM opened at $129.48 on Friday. The firm has a fifty day moving average price of $127.08 and a 200 day moving average price of $122.10. Vanguard High Dividend Yield ETF has a 1 year low of $98.40 and a 1 year high of $131.85. The stock has a market cap of $58.63 billion, a P/E ratio of 15.88 and a beta of 0.70.

Vanguard High Dividend Yield ETF Profile

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.