Bangor Savings Bank Has $3.19 Million Position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Bangor Savings Bank grew its holdings in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 4,769.4% in the second quarter, HoldingsChannel reports. The institutional investor owned 30,093 shares of the company’s stock after acquiring an additional 29,475 shares during the period. Bangor Savings Bank’s holdings in Vanguard High Dividend Yield ETF were worth $3,192,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in VYM. Moneta Group Investment Advisors LLC raised its position in Vanguard High Dividend Yield ETF by 110,970.8% in the fourth quarter. Moneta Group Investment Advisors LLC now owns 394,835,570 shares of the company’s stock worth $42,725,157,000 after purchasing an additional 394,480,089 shares in the last quarter. M&T Bank Corp raised its holdings in shares of Vanguard High Dividend Yield ETF by 1,130.4% in the 4th quarter. M&T Bank Corp now owns 4,392,074 shares of the company’s stock worth $203,287,000 after buying an additional 4,035,110 shares in the last quarter. Bank of America Corp DE lifted its position in shares of Vanguard High Dividend Yield ETF by 25.7% during the 4th quarter. Bank of America Corp DE now owns 15,863,422 shares of the company’s stock worth $1,716,581,000 after buying an additional 3,242,830 shares during the period. Meiji Yasuda Life Insurance Co acquired a new stake in Vanguard High Dividend Yield ETF in the 1st quarter valued at $128,190,000. Finally, Morgan Stanley grew its position in Vanguard High Dividend Yield ETF by 10.1% in the fourth quarter. Morgan Stanley now owns 9,684,196 shares of the company’s stock valued at $1,047,927,000 after acquiring an additional 884,541 shares during the period.

Vanguard High Dividend Yield ETF Stock Down 0.3 %

Vanguard High Dividend Yield ETF stock traded down $0.34 during mid-day trading on Friday, hitting $108.32. 129,743 shares of the company were exchanged, compared to its average volume of 1,559,420. Vanguard High Dividend Yield ETF has a 1-year low of $94.59 and a 1-year high of $113.78. The business has a fifty day moving average of $107.86 and a 200 day moving average of $105.86. The company has a market capitalization of $49.76 billion, a PE ratio of 13.80 and a beta of 0.84.

About Vanguard High Dividend Yield ETF

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.