Vanguard High Dividend Yield ETF $VYM Stock: Rakuten Investment Management Inc. Raises Stake

Rakuten Investment Management Inc. increased its stake in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 6.9% during the 3rd quarter, HoldingsChannel reports. The firm owned 1,811,754 shares of the company’s stock after buying an additional 116,700 shares during the period. Vanguard High Dividend Yield ETF comprises 0.7% of Rakuten Investment Management Inc.’s holdings, making the stock its 15th largest position. Rakuten Investment Management Inc.’s holdings in Vanguard High Dividend Yield ETF were worth $283,485,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Red Door Wealth Management LLC raised its stake in Vanguard High Dividend Yield ETF by 0.5% during the 2nd quarter. Red Door Wealth Management LLC now owns 12,471 shares of the company’s stock valued at $1,971,000 after buying an additional 63 shares during the last quarter. GRIMES & Co WEALTH MANAGEMENT LLC lifted its holdings in shares of Vanguard High Dividend Yield ETF by 0.3% during the 2nd quarter. GRIMES & Co WEALTH MANAGEMENT LLC now owns 22,874 shares of the company’s stock valued at $3,615,000 after buying an additional 63 shares during the period. Mather Group LLC. lifted its holdings in shares of Vanguard High Dividend Yield ETF by 0.4% during the 3rd quarter. Mather Group LLC. now owns 15,042 shares of the company’s stock valued at $2,335,000 after buying an additional 63 shares during the period. Cooper Financial Group boosted its stake in shares of Vanguard High Dividend Yield ETF by 2.8% in the 3rd quarter. Cooper Financial Group now owns 2,333 shares of the company’s stock worth $362,000 after buying an additional 64 shares during the last quarter. Finally, Endeavor Private Wealth Inc. boosted its stake in shares of Vanguard High Dividend Yield ETF by 4.1% in the 2nd quarter. Endeavor Private Wealth Inc. now owns 1,661 shares of the company’s stock worth $262,000 after buying an additional 65 shares during the last quarter.

Vanguard High Dividend Yield ETF Price Performance

Shares of VYM opened at $163.27 on Wednesday. Vanguard High Dividend Yield ETF has a one year low of $138.35 and a one year high of $167.61. The firm has a market capitalization of $83.10 billion, a P/E ratio of 17.79 and a beta of 0.72. The business has a fifty day moving average of $160.83 and a 200 day moving average of $157.29.

Vanguard High Dividend Yield ETF 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.