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

First PREMIER Bank lifted its stake in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 115.6% in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 93,274 shares of the company’s stock after purchasing an additional 50,021 shares during the quarter. Vanguard High Dividend Yield ETF comprises about 2.1% of First PREMIER Bank’s holdings, making the stock its 11th largest holding. First PREMIER Bank’s holdings in Vanguard High Dividend Yield ETF were worth $14,740,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in VYM. Brighton Jones LLC grew its holdings in shares of Vanguard High Dividend Yield ETF by 23.3% in the fourth quarter. Brighton Jones LLC now owns 16,836 shares of the company’s stock valued at $2,148,000 after purchasing an additional 3,177 shares during the period. AQR Capital Management LLC increased its position in shares of Vanguard High Dividend Yield ETF by 314.5% during the 1st quarter. AQR Capital Management LLC now owns 28,618 shares of the company’s stock worth $3,690,000 after purchasing an additional 21,713 shares during the last quarter. Russell Investments Group Ltd. raised its holdings in Vanguard High Dividend Yield ETF by 245.7% in the 2nd quarter. Russell Investments Group Ltd. now owns 3,519 shares of the company’s stock valued at $469,000 after buying an additional 2,501 shares during the period. First Trust Advisors LP lifted its position in Vanguard High Dividend Yield ETF by 42.7% in the second quarter. First Trust Advisors LP now owns 18,568 shares of the company’s stock valued at $2,475,000 after buying an additional 5,556 shares during the last quarter. Finally, Gamco Investors INC. ET AL purchased a new position in Vanguard High Dividend Yield ETF during the second quarter worth about $1,066,000.

Vanguard High Dividend Yield ETF Price Performance

Shares of VYM opened at $163.87 on Tuesday. The firm has a 50-day simple moving average of $162.35 and a two-hundred day simple moving average of $157.11. The stock has a market cap of $81.89 billion, a PE ratio of 17.79 and a beta of 0.73. Vanguard High Dividend Yield ETF has a 1-year low of $137.42 and a 1-year high of $167.61.

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.