Independent Financial Group LLC Grows Stake in Vanguard High Dividend Yield ETF $VYM

Independent Financial Group LLC raised its position in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 19.6% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 77,062 shares of the company’s stock after purchasing an additional 12,617 shares during the period. Independent Financial Group LLC’s holdings in Vanguard High Dividend Yield ETF were worth $12,178,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also made changes to their positions in the company. Auto Owners Insurance Co increased its stake 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 period. BNP Paribas Financial Markets raised its holdings in shares of Vanguard High Dividend Yield ETF by 17,493.6% in the fourth quarter. BNP Paribas Financial Markets now owns 700,928 shares of the company’s stock valued at $100,597,000 after acquiring an additional 696,944 shares in the last quarter. Wellington Management Group LLP lifted its stake in Vanguard High Dividend Yield ETF by 493.0% in the third 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 during the period. AQR Capital Management LLC lifted its stake in Vanguard High Dividend Yield ETF by 846.2% in the third 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 during the period. Finally, LPL Financial LLC grew its holdings in Vanguard High Dividend Yield ETF by 5.3% during the 4th quarter. LPL Financial LLC now owns 6,820,119 shares of the company’s stock worth $978,823,000 after acquiring an additional 345,129 shares in the last quarter.

Vanguard High Dividend Yield ETF Stock Performance

NYSEARCA VYM opened at $167.03 on Friday. The company has a market capitalization of $83.47 billion, a price-to-earnings ratio of 17.79 and a beta of 0.73. The company’s 50-day simple moving average is $160.89 and its two-hundred day simple moving average is $155.99. Vanguard High Dividend Yield ETF has a one year low of $136.63 and a one year 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.