Union Savings Bank Invests $5.76 Million in Vanguard High Dividend Yield ETF $VYM

Union Savings Bank acquired a new stake in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 40,127 shares of the company’s stock, valued at approximately $5,759,000. Vanguard High Dividend Yield ETF comprises approximately 2.5% of Union Savings Bank’s holdings, making the stock its 8th biggest holding.

Several other hedge funds have also recently made changes to their positions in the company. Gunpowder Capital Management LLC dba Oliver Wealth Management purchased a new stake in Vanguard High Dividend Yield ETF during the 4th quarter valued at about $80,000. Bayban acquired a new position in shares of Vanguard High Dividend Yield ETF in the fourth quarter valued at about $757,000. AG Campbell Advisory LLC purchased a new position in shares of Vanguard High Dividend Yield ETF in the fourth quarter worth about $85,000. Rehmann Capital Advisory Group raised its stake in shares of Vanguard High Dividend Yield ETF by 58.1% in the fourth quarter. Rehmann Capital Advisory Group now owns 33,014 shares of the company’s stock worth $4,738,000 after purchasing an additional 12,128 shares during the last quarter. Finally, SHP Wealth Management purchased a new position in shares of Vanguard High Dividend Yield ETF in the fourth quarter worth about $1,123,000.

Vanguard High Dividend Yield ETF Price Performance

Vanguard High Dividend Yield ETF stock opened at $158.21 on Friday. The stock has a 50-day moving average price of $156.82 and a 200 day moving average price of $151.65. The company has a market capitalization of $77.60 billion, a price-to-earnings ratio of 17.79 and a beta of 0.73. Vanguard High Dividend Yield ETF has a 52 week low of $129.11 and a 52 week high of $161.46.

Vanguard High Dividend Yield ETF Profile

Vanguard High Dividend Yield ETF (NYSEARCA: VYM) is an exchange-traded fund designed to track the performance of the FTSE High Dividend Yield Index. The fund seeks to provide exposure to U.S. companies that are forecast to pay above-average dividends, offering investors a diversified way to access income-generating equities.

The ETF primarily invests in large-cap U.S. stocks across a range of sectors, with holdings selected for their dividend characteristics rather than active stock-picking.