Steele Capital Management Inc. Acquires 8,795 Shares of Vanguard High Dividend Yield ETF $VYM

Steele Capital Management Inc. lifted its stake in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 7.2% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 131,725 shares of the company’s stock after purchasing an additional 8,795 shares during the period. Vanguard High Dividend Yield ETF accounts for approximately 0.8% of Steele Capital Management Inc.’s holdings, making the stock its 27th largest position. Steele Capital Management Inc.’s holdings in Vanguard High Dividend Yield ETF were worth $18,567,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Gallagher Fiduciary Advisors LLC increased its position in Vanguard High Dividend Yield ETF by 12,273.0% in the second quarter. Gallagher Fiduciary Advisors LLC now owns 7,981,687 shares of the company’s stock worth $1,064,039,000 after buying an additional 7,917,178 shares in the last quarter. Kingstone Capital Partners Texas LLC bought a new position in shares of Vanguard High Dividend Yield ETF during the 2nd quarter valued at approximately $366,524,000. Auto Owners Insurance Co increased its holdings in Vanguard High Dividend Yield ETF by 125.2% in the 2nd quarter. Auto Owners Insurance Co now owns 724,200 shares of the company’s stock worth $96,543,000 after acquiring an additional 402,667 shares in the last quarter. The Manufacturers Life Insurance Company raised its stake in Vanguard High Dividend Yield ETF by 13.3% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 2,683,539 shares of the company’s stock worth $357,743,000 after acquiring an additional 314,494 shares during the period. Finally, Quaker Wealth Management LLC raised its stake in Vanguard High Dividend Yield ETF by 258.8% during the 2nd quarter. Quaker Wealth Management LLC now owns 167,307 shares of the company’s stock worth $22,304,000 after acquiring an additional 272,656 shares during the period.

Vanguard High Dividend Yield ETF Price Performance

VYM opened at $147.26 on Friday. The company has a 50 day simple moving average of $143.47 and a two-hundred day simple moving average of $139.87. The firm has a market cap of $70.77 billion, a P/E ratio of 17.79 and a beta of 0.79. Vanguard High Dividend Yield ETF has a 1-year low of $112.05 and a 1-year high of $147.88.

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.