Vanguard High Dividend Yield ETF $VYM Stock Bought by Verdence Capital Advisors LLC

Verdence Capital Advisors LLC increased its holdings in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 158.2% during the third quarter, Holdings Channel reports. The firm owned 72,652 shares of the company’s stock after purchasing an additional 44,510 shares during the period. Verdence Capital Advisors LLC’s holdings in Vanguard High Dividend Yield ETF were worth $11,276,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Waverly Advisors LLC grew its holdings in shares of Vanguard High Dividend Yield ETF by 24.7% during the second quarter. Waverly Advisors LLC now owns 544,941 shares of the company’s stock valued at $86,117,000 after buying an additional 107,941 shares in the last quarter. DAVENPORT & Co LLC raised its position in Vanguard High Dividend Yield ETF by 5.2% during the second quarter. DAVENPORT & Co LLC now owns 352,667 shares of the company’s stock valued at $55,732,000 after buying an additional 17,336 shares during the period. Venture Visionary Partners LLC raised its position in Vanguard High Dividend Yield ETF by 3.7% during the third quarter. Venture Visionary Partners LLC now owns 232,557 shares of the company’s stock valued at $36,093,000 after buying an additional 8,380 shares during the period. Benjamin Edwards Inc. lifted its stake in Vanguard High Dividend Yield ETF by 10.6% in the 2nd quarter. Benjamin Edwards Inc. now owns 54,936 shares of the company’s stock worth $8,682,000 after acquiring an additional 5,257 shares in the last quarter. Finally, Envestnet Asset Management Inc. boosted its position in Vanguard High Dividend Yield ETF by 4.7% during the 2nd quarter. Envestnet Asset Management Inc. now owns 3,613,813 shares of the company’s stock worth $571,091,000 after acquiring an additional 162,084 shares during the period.

Vanguard High Dividend Yield ETF Stock Performance

VYM stock opened at $162.41 on Tuesday. The stock has a market cap of $82.66 billion, a P/E ratio of 17.79 and a beta of 0.73. The firm has a 50 day simple moving average of $161.09 and a 200 day simple moving average of $156.71. Vanguard High Dividend Yield ETF has a 52 week low of $138.35 and a 52 week high of $167.61.

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.