Focus Financial Network Inc. Reduces Stock Position in Vanguard High Dividend Yield ETF $VYM

Focus Financial Network Inc. trimmed its holdings in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 7.8% in the second quarter, Holdings Channel reports. The institutional investor owned 220,387 shares of the company’s stock after selling 18,690 shares during the period. Vanguard High Dividend Yield ETF makes up 1.1% of Focus Financial Network Inc.’s holdings, making the stock its 17th biggest holding. Focus Financial Network Inc.’s holdings in Vanguard High Dividend Yield ETF were worth $34,828,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Brighton Jones LLC increased its holdings in shares of Vanguard High Dividend Yield ETF by 23.3% in the 4th quarter. Brighton Jones LLC now owns 16,836 shares of the company’s stock valued at $2,148,000 after acquiring an additional 3,177 shares during the last quarter. AQR Capital Management LLC lifted its stake in Vanguard High Dividend Yield ETF by 314.5% during the first quarter. AQR Capital Management LLC now owns 28,618 shares of the company’s stock worth $3,690,000 after purchasing an additional 21,713 shares during the last quarter. Russell Investments Group Ltd. lifted its stake in Vanguard High Dividend Yield ETF by 245.7% during the second quarter. Russell Investments Group Ltd. now owns 3,519 shares of the company’s stock worth $469,000 after purchasing an additional 2,501 shares during the last quarter. First Trust Advisors LP boosted its holdings in Vanguard High Dividend Yield ETF by 42.7% in the second quarter. First Trust Advisors LP now owns 18,568 shares of the company’s stock valued at $2,475,000 after purchasing an additional 5,556 shares in the last quarter. Finally, Gamco Investors INC. ET AL acquired a new position in Vanguard High Dividend Yield ETF in the second quarter valued at approximately $1,066,000.

Vanguard High Dividend Yield ETF Price Performance

Shares of Vanguard High Dividend Yield ETF stock opened at $165.63 on Monday. Vanguard High Dividend Yield ETF has a 52 week low of $134.82 and a 52 week high of $166.06. The firm’s 50 day moving average is $160.40 and its two-hundred day moving average is $155.46. The firm has a market capitalization of $82.77 billion, a P/E ratio of 17.79 and a beta of 0.73.

About Vanguard High Dividend Yield ETF

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.