Summit Trail Advisors LLC Increases Stock Holdings in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Summit Trail Advisors LLC lifted its position in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 2.2% during the third quarter, Holdings Channel reports. The firm owned 5,409 shares of the company’s stock after acquiring an additional 115 shares during the quarter. Summit Trail Advisors LLC’s holdings in Vanguard High Dividend Yield ETF were worth $693,000 as of its most recent filing with the SEC.

Several other institutional investors also recently added to or reduced their stakes in the company. LPL Financial LLC raised its stake in shares of Vanguard High Dividend Yield ETF by 4.6% during the second quarter. LPL Financial LLC now owns 5,223,678 shares of the company’s stock worth $619,528,000 after purchasing an additional 228,580 shares during the last quarter. Envestnet Asset Management Inc. grew its stake in shares of Vanguard High Dividend Yield ETF by 1.2% during the 2nd quarter. Envestnet Asset Management Inc. now owns 5,000,642 shares of the company’s stock worth $593,076,000 after purchasing an additional 59,826 shares during the period. Vanguard Group Inc. increased its holdings in shares of Vanguard High Dividend Yield ETF by 0.5% in the 1st quarter. Vanguard Group Inc. now owns 3,246,447 shares of the company’s stock valued at $392,788,000 after purchasing an additional 16,021 shares in the last quarter. Mercer Global Advisors Inc. ADV lifted its stake in shares of Vanguard High Dividend Yield ETF by 7.4% in the second quarter. Mercer Global Advisors Inc. ADV now owns 2,226,818 shares of the company’s stock valued at $247,649,000 after purchasing an additional 153,146 shares during the period. Finally, Commonwealth Equity Services LLC boosted its holdings in Vanguard High Dividend Yield ETF by 1.7% during the third quarter. Commonwealth Equity Services LLC now owns 2,163,842 shares of the company’s stock worth $277,405,000 after buying an additional 36,239 shares in the last quarter.

Vanguard High Dividend Yield ETF Stock Performance

Shares of VYM stock opened at $134.41 on Tuesday. The stock has a market cap of $60.86 billion, a PE ratio of 15.88 and a beta of 0.70. Vanguard High Dividend Yield ETF has a 1 year low of $105.37 and a 1 year high of $134.98. The stock has a fifty day moving average price of $129.59 and a 200 day moving average price of $124.30.

Vanguard High Dividend Yield ETF Company 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.