Union Savings Bank Invests $5.76 Million in Vanguard High Dividend Yield ETF $VYM

Union Savings Bank bought a new position in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) in the 4th quarter, HoldingsChannel reports. The institutional investor bought 40,127 shares of the company’s stock, valued at approximately $5,759,000. Vanguard High Dividend Yield ETF accounts for about 2.5% of Union Savings Bank’s portfolio, making the stock its 8th biggest position.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Ballast Advisors LLC boosted its holdings in Vanguard High Dividend Yield ETF by 8.2% in the fourth quarter. Ballast Advisors LLC now owns 868 shares of the company’s stock valued at $125,000 after purchasing an additional 66 shares during the last quarter. Columbus Macro LLC raised its stake in shares of Vanguard High Dividend Yield ETF by 0.6% during the 4th quarter. Columbus Macro LLC now owns 10,938 shares of the company’s stock valued at $1,570,000 after buying an additional 70 shares during the last quarter. Sage Financial Group Inc. raised its stake in shares of Vanguard High Dividend Yield ETF by 2.1% during the 3rd quarter. Sage Financial Group Inc. now owns 3,580 shares of the company’s stock valued at $505,000 after buying an additional 72 shares during the last quarter. L.K. Benson & Company P.C. lifted its holdings in shares of Vanguard High Dividend Yield ETF by 2.4% in the 4th quarter. L.K. Benson & Company P.C. now owns 3,053 shares of the company’s stock valued at $438,000 after buying an additional 72 shares during the period. Finally, Keystone Financial Group lifted its holdings in shares of Vanguard High Dividend Yield ETF by 0.5% in the 3rd quarter. Keystone Financial Group now owns 16,051 shares of the company’s stock valued at $2,262,000 after buying an additional 73 shares during the period.

Vanguard High Dividend Yield ETF Price Performance

Shares of VYM opened at $158.21 on Friday. Vanguard High Dividend Yield ETF has a 52 week low of $129.11 and a 52 week high of $161.46. The company has a market capitalization of $77.60 billion, a price-to-earnings ratio of 17.79 and a beta of 0.73. The stock’s 50-day moving average price is $156.82 and its 200-day moving average price is $151.65.

About Vanguard High Dividend Yield ETF

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.