First PREMIER Bank Raises Position in Vanguard High Dividend Yield ETF $VYM

First PREMIER Bank lifted its stake in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 115.6% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 93,274 shares of the company’s stock after acquiring an additional 50,021 shares during the quarter. Vanguard High Dividend Yield ETF accounts for about 2.1% of First PREMIER Bank’s portfolio, making the stock its 11th largest position. First PREMIER Bank’s holdings in Vanguard High Dividend Yield ETF were worth $14,740,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also modified their holdings of the stock. Financially in Tune LLC acquired a new position in shares of Vanguard High Dividend Yield ETF during the fourth quarter worth $8,049,000. State Farm Mutual Automobile Insurance Co. raised its stake in Vanguard High Dividend Yield ETF by 29.4% in the fourth quarter. State Farm Mutual Automobile Insurance Co. now owns 218,597 shares of the company’s stock valued at $31,373,000 after buying an additional 49,694 shares in the last quarter. Oppenheimer & Co. Inc. lifted its holdings in Vanguard High Dividend Yield ETF by 45.3% during the 4th quarter. Oppenheimer & Co. Inc. now owns 16,850 shares of the company’s stock worth $2,418,000 after buying an additional 5,255 shares during the last quarter. Indivisible Partners acquired a new position in shares of Vanguard High Dividend Yield ETF during the 4th quarter worth about $781,000. Finally, Arsenal Capital Advisors LLC acquired a new position in shares of Vanguard High Dividend Yield ETF during the 4th quarter worth about $2,607,000.

Vanguard High Dividend Yield ETF Stock Performance

VYM opened at $163.87 on Tuesday. Vanguard High Dividend Yield ETF has a one year low of $137.42 and a one year high of $167.61. The company has a market cap of $81.89 billion, a P/E ratio of 17.79 and a beta of 0.73. The business’s 50-day simple moving average is $162.35 and its 200-day simple moving average is $157.11.

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.