Elevation Point Wealth Partners LLC Buys New Holdings in Vanguard High Dividend Yield ETF $VYM

Elevation Point Wealth Partners LLC purchased a new position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) during the first quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 124,693 shares of the company’s stock, valued at approximately $18,467,000.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Auto Owners Insurance Co raised its position in shares of Vanguard High Dividend Yield ETF by 20,425.2% during the fourth quarter. Auto Owners Insurance Co now owns 148,643,664 shares of the company’s stock valued at $21,333,339,000 after buying an additional 147,919,464 shares during the last quarter. Morgan Stanley boosted its position in shares of Vanguard High Dividend Yield ETF by 1.6% during the fourth quarter. Morgan Stanley now owns 10,202,996 shares of the company’s stock worth $1,464,334,000 after acquiring an additional 161,311 shares during the last quarter. Raymond James Financial Inc. grew its stake in Vanguard High Dividend Yield ETF by 3.7% during the fourth quarter. Raymond James Financial Inc. now owns 7,720,006 shares of the company’s stock valued at $1,107,975,000 after acquiring an additional 274,754 shares in 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 valued at $978,823,000 after acquiring an additional 345,129 shares during the last quarter. Finally, Wells Fargo & Company MN lifted its stake 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.

Vanguard High Dividend Yield ETF Stock Up 0.8%

VYM opened at $159.48 on Friday. The company has a market capitalization of $78.94 billion, a PE ratio of 17.79 and a beta of 0.73. The firm has a 50-day simple moving average of $157.69 and a two-hundred day simple moving average of $152.52. Vanguard High Dividend Yield ETF has a 52 week low of $132.01 and a 52 week high of $161.46.

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.