City State Bank Has $8.86 Million Stock Position in Vanguard High Dividend Yield ETF $VYM

City State Bank boosted its position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 6.0% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 61,745 shares of the company’s stock after purchasing an additional 3,482 shares during the period. Vanguard High Dividend Yield ETF comprises 2.4% of City State Bank’s investment portfolio, making the stock its 7th biggest position. City State Bank’s holdings in Vanguard High Dividend Yield ETF were worth $8,862,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Raymond James Financial Inc. grew its stake in Vanguard High Dividend Yield ETF by 2.4% in the 2nd quarter. Raymond James Financial Inc. now owns 7,491,066 shares of the company’s stock valued at $998,634,000 after purchasing an additional 178,904 shares during the period. Ameriprise Financial Inc. grew its position in shares of Vanguard High Dividend Yield ETF by 1.6% during the 3rd quarter. Ameriprise Financial Inc. now owns 4,019,262 shares of the company’s stock valued at $566,458,000 after acquiring an additional 64,127 shares during the period. Mercer Global Advisors Inc. ADV grew its position in shares of Vanguard High Dividend Yield ETF by 6.3% during the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 2,646,199 shares of the company’s stock valued at $372,979,000 after acquiring an additional 157,950 shares during the period. Jones Financial Companies Lllp grew its position in shares of Vanguard High Dividend Yield ETF by 9.3% during the 3rd quarter. Jones Financial Companies Lllp now owns 2,343,326 shares of the company’s stock valued at $329,904,000 after acquiring an additional 200,130 shares during the period. Finally, Vantagepoint Investment Advisers LLC grew its position in shares of Vanguard High Dividend Yield ETF by 3.0% during the 4th quarter. Vantagepoint Investment Advisers LLC now owns 2,314,911 shares of the company’s stock valued at $332,236,000 after acquiring an additional 68,167 shares during the period.

Vanguard High Dividend Yield ETF Stock Down 0.5%

Vanguard High Dividend Yield ETF stock opened at $154.35 on Wednesday. Vanguard High Dividend Yield ETF has a twelve month low of $119.30 and a twelve month high of $157.29. The firm has a 50 day moving average price of $151.51 and a 200-day moving average price of $146.93. The company has a market capitalization of $75.70 billion, a P/E ratio of 17.79 and a beta of 0.74.

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.