Vanguard High Dividend Yield ETF $VYM Shares Purchased by SouthState Bank Corp

SouthState Bank Corp raised its holdings in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 198.9% in the 1st quarter, HoldingsChannel.com reports. The fund owned 12,646 shares of the company’s stock after purchasing an additional 8,415 shares during the period. SouthState Bank Corp’s holdings in Vanguard High Dividend Yield ETF were worth $1,873,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. PayPay Securities Corp lifted its holdings in shares of Vanguard High Dividend Yield ETF by 75.8% in the first quarter. PayPay Securities Corp now owns 174 shares of the company’s stock valued at $27,000 after purchasing an additional 75 shares in the last quarter. Lloyd Advisory Services LLC. purchased a new position in shares of Vanguard High Dividend Yield ETF during the 4th quarter worth approximately $25,000. Dorato Capital Management purchased a new position in shares of Vanguard High Dividend Yield ETF during the 4th quarter worth approximately $30,000. LRI Investments LLC raised its position in shares of Vanguard High Dividend Yield ETF by 400.0% during the 4th quarter. LRI Investments LLC now owns 250 shares of the company’s stock worth $36,000 after purchasing an additional 200 shares during the last quarter. Finally, Resources Management Corp CT ADV acquired a new position in shares of Vanguard High Dividend Yield ETF during the 4th quarter worth approximately $40,000.

Vanguard High Dividend Yield ETF Stock Performance

VYM stock opened at $160.10 on Thursday. Vanguard High Dividend Yield ETF has a 1 year low of $132.01 and a 1 year high of $161.67. The stock’s 50 day moving average price is $158.55 and its 200 day moving average price is $153.53. The firm has a market cap of $80.01 billion, a P/E ratio of 17.79 and a beta of 0.73.

About Vanguard High Dividend Yield ETF

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.