Vanguard High Dividend Yield ETF $VYM Shares Acquired by PNC Financial Services Group Inc.

PNC Financial Services Group Inc. grew its stake in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 3.9% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 891,435 shares of the company’s stock after purchasing an additional 33,142 shares during the period. PNC Financial Services Group Inc.’s holdings in Vanguard High Dividend Yield ETF were worth $125,648,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Gallagher Fiduciary Advisors LLC increased its stake in shares of Vanguard High Dividend Yield ETF by 12,273.0% in the 2nd quarter. Gallagher Fiduciary Advisors LLC now owns 7,981,687 shares of the company’s stock worth $1,064,039,000 after acquiring an additional 7,917,178 shares during the last quarter. Vantagepoint Investment Advisers LLC purchased a new stake in shares of Vanguard High Dividend Yield ETF in the third quarter valued at about $316,679,000. Rakuten Investment Management Inc. acquired a new stake in Vanguard High Dividend Yield ETF during the third quarter worth about $199,321,000. Cornerstone Planning Group LLC raised its stake in Vanguard High Dividend Yield ETF by 57,021.7% during the third quarter. Cornerstone Planning Group LLC now owns 526,662 shares of the company’s stock worth $74,233,000 after purchasing an additional 525,740 shares during the period. Finally, Auto Owners Insurance Co raised its stake in Vanguard High Dividend Yield ETF by 125.2% during the second quarter. Auto Owners Insurance Co now owns 724,200 shares of the company’s stock worth $96,543,000 after purchasing an additional 402,667 shares during the period.

Vanguard High Dividend Yield ETF Price Performance

Vanguard High Dividend Yield ETF stock opened at $155.37 on Monday. The firm has a 50 day simple moving average of $147.90 and a 200-day simple moving average of $142.76. Vanguard High Dividend Yield ETF has a 1-year low of $112.05 and a 1-year high of $157.29. The stock has a market cap of $74.67 billion, a price-to-earnings ratio of 17.79 and a beta of 0.79.

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.