Heartland Bank & Trust Co Invests $950,000 in Vanguard High Dividend Yield ETF $VYM

Heartland Bank & Trust Co purchased a new stake in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) in the first quarter, Holdings Channel reports. The firm purchased 6,413 shares of the company’s stock, valued at approximately $950,000.

Several other hedge funds and other institutional investors have also recently made changes to their positions in VYM. Lloyd Advisory Services LLC. acquired a new position in Vanguard High Dividend Yield ETF during the fourth quarter worth $25,000. PayPay Securities Corp grew its holdings in Vanguard High Dividend Yield ETF by 75.8% in the 1st 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 in the 4th quarter worth $30,000. LRI Investments LLC increased its stake in shares of Vanguard High Dividend Yield ETF by 400.0% in the 4th quarter. LRI Investments LLC now owns 250 shares of the company’s stock worth $36,000 after acquiring an additional 200 shares during the last quarter. Finally, Resources Management Corp CT ADV acquired a new stake in shares of Vanguard High Dividend Yield ETF in the 4th quarter worth $40,000.

Vanguard High Dividend Yield ETF Trading Down 0.4%

Shares of VYM opened at $160.16 on Friday. Vanguard High Dividend Yield ETF has a 12-month low of $132.01 and a 12-month high of $161.70. The firm has a 50-day moving average price of $158.76 and a 200 day moving average price of $153.68. The firm has a market capitalization of $80.04 billion, a P/E ratio of 17.79 and a beta of 0.73.

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.