Beacon Financial Group Has $29.55 Million Stake in Vanguard High Dividend Yield ETF $VYM

Beacon Financial Group decreased its stake in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 4.7% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 209,630 shares of the company’s stock after selling 10,417 shares during the period. Vanguard High Dividend Yield ETF comprises 2.9% of Beacon Financial Group’s portfolio, making the stock its 2nd largest holding. Beacon Financial Group’s holdings in Vanguard High Dividend Yield ETF were worth $29,547,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Montecito Bank & Trust purchased a new stake in Vanguard High Dividend Yield ETF during the 3rd quarter valued at $3,351,000. Lbmc Investment Advisors LLC boosted its stake in shares of Vanguard High Dividend Yield ETF by 9.8% in the 3rd quarter. Lbmc Investment Advisors LLC now owns 160,759 shares of the company’s stock worth $22,659,000 after buying an additional 14,300 shares during the last quarter. StrongBox Wealth LLC boosted its stake in shares of Vanguard High Dividend Yield ETF by 3.6% in the 3rd quarter. StrongBox Wealth LLC now owns 26,100 shares of the company’s stock worth $3,679,000 after buying an additional 897 shares during the last quarter. Wynn Capital LLC grew its holdings in shares of Vanguard High Dividend Yield ETF by 2.9% in the third quarter. Wynn Capital LLC now owns 6,065 shares of the company’s stock worth $855,000 after acquiring an additional 173 shares during the period. Finally, ST Germain D J Co. Inc. grew its holdings in shares of Vanguard High Dividend Yield ETF by 713.3% in the third quarter. ST Germain D J Co. Inc. now owns 3,375 shares of the company’s stock worth $476,000 after acquiring an additional 2,960 shares during the period.

Vanguard High Dividend Yield ETF Stock Performance

VYM stock opened at $144.06 on Thursday. The company has a market cap of $67.36 billion, a price-to-earnings ratio of 17.79 and a beta of 0.79. The business’s 50-day moving average is $142.02 and its two-hundred day moving average is $138.22. Vanguard High Dividend Yield ETF has a fifty-two week low of $112.05 and a fifty-two week high of $147.88.

Vanguard High Dividend Yield ETF 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.