Koenig Investment Advisory LLC Makes New Investment in Vanguard High Dividend Yield ETF $VYM

Koenig Investment Advisory LLC purchased a new position in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 4,422 shares of the company’s stock, valued at approximately $685,000. Vanguard High Dividend Yield ETF makes up 0.6% of Koenig Investment Advisory LLC’s holdings, making the stock its 24th largest holding.

Other large investors also recently modified their holdings of the company. Morgan Stanley boosted its holdings in shares of Vanguard High Dividend Yield ETF by 1.6% during the 4th quarter. Morgan Stanley now owns 10,202,996 shares of the company’s stock valued at $1,464,334,000 after acquiring an additional 161,311 shares in the last quarter. Raymond James Financial Inc. grew its position in Vanguard High Dividend Yield ETF by 3.7% during the 4th quarter. Raymond James Financial Inc. now owns 7,720,006 shares of the company’s stock worth $1,107,975,000 after acquiring an additional 274,754 shares during the last quarter. LPL Financial LLC increased its holdings in Vanguard High Dividend Yield ETF by 5.3% in the 4th quarter. LPL Financial LLC now owns 6,820,119 shares of the company’s stock worth $978,823,000 after purchasing an additional 345,129 shares in the last quarter. Wells Fargo & Company MN increased its holdings in Vanguard High Dividend Yield ETF by 3.9% in the 4th quarter. Wells Fargo & Company MN now owns 5,506,257 shares of the company’s stock worth $790,258,000 after purchasing an additional 204,501 shares in the last quarter. Finally, JPMorgan Chase & Co. raised its position in Vanguard High Dividend Yield ETF by 1.7% in the fourth quarter. JPMorgan Chase & Co. now owns 5,363,002 shares of the company’s stock valued at $769,698,000 after purchasing an additional 89,912 shares during the last quarter.

Vanguard High Dividend Yield ETF Stock Performance

Shares of VYM stock opened at $158.21 on Friday. The business’s 50-day moving average price is $156.82 and its 200-day moving average price is $151.65. Vanguard High Dividend Yield ETF has a 12 month low of $129.11 and a 12 month high of $161.46. The firm has a market capitalization of $77.60 billion, a price-to-earnings ratio of 17.79 and a beta of 0.73.

Vanguard High Dividend Yield ETF Company Profile

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.