Kennebec Savings Bank Acquires 2,574 Shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Kennebec Savings Bank raised its holdings in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 202.2% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 3,847 shares of the company’s stock after purchasing an additional 2,574 shares during the quarter. Kennebec Savings Bank’s holdings in Vanguard High Dividend Yield ETF were worth $489,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. JPMorgan Chase & Co. lifted its position in Vanguard High Dividend Yield ETF by 0.4% during the 3rd quarter. JPMorgan Chase & Co. now owns 2,164,681 shares of the company’s stock worth $277,512,000 after buying an additional 9,363 shares in the last quarter. Commonwealth Equity Services LLC lifted its position in shares of Vanguard High Dividend Yield ETF by 1.7% during the third quarter. Commonwealth Equity Services LLC now owns 2,163,842 shares of the company’s stock worth $277,405,000 after purchasing an additional 36,239 shares in the last quarter. The Manufacturers Life Insurance Company grew its stake in shares of Vanguard High Dividend Yield ETF by 6.8% during the third quarter. The Manufacturers Life Insurance Company now owns 1,889,775 shares of the company’s stock valued at $242,269,000 after purchasing an additional 121,099 shares during the last quarter. Janney Montgomery Scott LLC increased its holdings in shares of Vanguard High Dividend Yield ETF by 1.1% in the fourth quarter. Janney Montgomery Scott LLC now owns 1,804,471 shares of the company’s stock valued at $230,233,000 after purchasing an additional 19,071 shares in the last quarter. Finally, Mesirow Financial Investment Management Inc. raised its position in Vanguard High Dividend Yield ETF by 101.2% in the 3rd quarter. Mesirow Financial Investment Management Inc. now owns 1,097,218 shares of the company’s stock worth $140,664,000 after purchasing an additional 552,003 shares during the last quarter.

Vanguard High Dividend Yield ETF Stock Performance

Shares of VYM opened at $133.01 on Friday. The business’s fifty day moving average price is $130.63 and its two-hundred day moving average price is $127.90. The firm has a market capitalization of $60.23 billion, a price-to-earnings ratio of 15.88 and a beta of 0.70. Vanguard High Dividend Yield ETF has a 52 week low of $111.31 and a 52 week high of $135.07.

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.