Essex Financial Services Inc. Buys 4,955 Shares of Vanguard High Dividend Yield ETF $VYM

Essex Financial Services Inc. increased its position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 3.0% in the 4th quarter, HoldingsChannel reports. The fund owned 170,596 shares of the company’s stock after buying an additional 4,955 shares during the quarter. Vanguard High Dividend Yield ETF makes up about 1.4% of Essex Financial Services Inc.’s holdings, making the stock its 12th largest holding. Essex Financial Services Inc.’s holdings in Vanguard High Dividend Yield ETF were worth $24,484,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in VYM. BNP Paribas Financial Markets increased its holdings in Vanguard High Dividend Yield ETF by 17,493.6% in the 4th quarter. BNP Paribas Financial Markets now owns 700,928 shares of the company’s stock worth $100,597,000 after acquiring an additional 696,944 shares in the last quarter. Cornerstone Planning Group LLC increased its holdings in Vanguard High Dividend Yield ETF by 57,021.7% in the 3rd quarter. Cornerstone Planning Group LLC now owns 526,662 shares of the company’s stock worth $74,233,000 after acquiring an additional 525,740 shares in the last quarter. Wellington Management Group LLP increased its holdings in Vanguard High Dividend Yield ETF by 493.0% in the 3rd quarter. Wellington Management Group LLP now owns 596,737 shares of the company’s stock worth $84,110,000 after acquiring an additional 496,110 shares in the last quarter. AQR Capital Management LLC increased its holdings in Vanguard High Dividend Yield ETF by 846.2% in the 3rd quarter. AQR Capital Management LLC now owns 401,576 shares of the company’s stock worth $56,602,000 after acquiring an additional 359,136 shares in the last quarter. Finally, Axxcess Wealth Management LLC increased its holdings in Vanguard High Dividend Yield ETF by 3,723.9% in the 4th quarter. Axxcess Wealth Management LLC now owns 296,771 shares of the company’s stock worth $42,592,000 after acquiring an additional 289,010 shares in the last quarter.

Vanguard High Dividend Yield ETF Price Performance

Shares of VYM opened at $159.19 on Friday. Vanguard High Dividend Yield ETF has a 1 year low of $127.64 and a 1 year high of $159.68. The company has a 50 day simple moving average of $153.34 and a two-hundred day simple moving average of $149.79. The firm has a market cap of $78.08 billion, a P/E ratio of 17.79 and a beta of 0.73.

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.