Cullen Frost Bankers Inc. Acquires 2,135 Shares of Vanguard High Dividend Yield ETF $VYM

Cullen Frost Bankers Inc. increased its holdings in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 12.8% in the second quarter, according to its most recent filing with the SEC. The fund owned 18,826 shares of the company’s stock after acquiring an additional 2,135 shares during the period. Cullen Frost Bankers Inc.’s holdings in Vanguard High Dividend Yield ETF were worth $2,510,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Clark Asset Management LLC lifted its stake in shares of Vanguard High Dividend Yield ETF by 68.6% during the 1st quarter. Clark Asset Management LLC now owns 3,895 shares of the company’s stock worth $502,000 after acquiring an additional 1,585 shares during the last quarter. Wesbanco Bank Inc. raised its position in Vanguard High Dividend Yield ETF by 205.0% during the 2nd quarter. Wesbanco Bank Inc. now owns 9,912 shares of the company’s stock valued at $1,321,000 after purchasing an additional 6,662 shares in the last quarter. Sovereign Financial Group Inc. raised its position in Vanguard High Dividend Yield ETF by 4.4% during the 2nd quarter. Sovereign Financial Group Inc. now owns 41,610 shares of the company’s stock valued at $5,547,000 after purchasing an additional 1,762 shares in the last quarter. Wealth Advisory Team LLC bought a new stake in Vanguard High Dividend Yield ETF during the 2nd quarter valued at $6,764,000. Finally, Novem Group raised its position in Vanguard High Dividend Yield ETF by 7.3% during the 1st quarter. Novem Group now owns 11,958 shares of the company’s stock valued at $1,542,000 after purchasing an additional 810 shares in the last quarter.

Vanguard High Dividend Yield ETF Trading Up 0.2%

VYM opened at $140.92 on Friday. The firm has a market cap of $65.89 billion, a price-to-earnings ratio of 17.79 and a beta of 0.84. Vanguard High Dividend Yield ETF has a 12 month low of $112.05 and a 12 month high of $142.22. The stock has a fifty day moving average price of $139.91 and a 200-day moving average price of $133.20.

Vanguard High Dividend Yield ETF Company Profile

The Vanguard High Dividend Yield Index Fund (VYM) is an exchange-traded fund that is based on the FTSE Custom High Dividend Yield index. The fund tracks the FTSE High Dividend Yield Index. The index selects high-dividend-paying US companies, excluding REITS, and weights them by market cap. VYM was launched on Nov 10, 2006 and is managed by Vanguard.