SouthState Bank Corp Raises Stake in Vanguard High Dividend Yield ETF $VYM

SouthState Bank Corp lifted its stake in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 198.9% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 12,646 shares of the company’s stock after purchasing an additional 8,415 shares during the quarter. SouthState Bank Corp’s holdings in Vanguard High Dividend Yield ETF were worth $1,873,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in the stock. Lloyd Advisory Services LLC. acquired a new position in Vanguard High Dividend Yield ETF during the fourth quarter worth about $25,000. PayPay Securities Corp increased its holdings in 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 buying an additional 75 shares in the last quarter. Dorato Capital Management acquired a new stake in shares of Vanguard High Dividend Yield ETF during the 4th quarter valued at approximately $30,000. LRI Investments LLC lifted 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 valued at $36,000 after acquiring an additional 200 shares during the period. Finally, Resources Management Corp CT ADV purchased a new stake in shares of Vanguard High Dividend Yield ETF during the 4th quarter worth approximately $40,000.

Vanguard High Dividend Yield ETF Price Performance

Shares of NYSEARCA:VYM opened at $160.10 on Thursday. The firm has a market capitalization of $80.01 billion, a price-to-earnings ratio of 17.79 and a beta of 0.73. The business’s 50 day simple moving average is $158.55 and its 200-day simple moving average is $153.53. Vanguard High Dividend Yield ETF has a 12 month low of $132.01 and a 12 month high of $161.67.

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.