Gallagher Fiduciary Advisors LLC Sells 8,751,927 Shares of Vanguard High Dividend Yield ETF $VYM

Gallagher Fiduciary Advisors LLC lowered its stake in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 99.3% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 59,954 shares of the company’s stock after selling 8,751,927 shares during the quarter. Vanguard High Dividend Yield ETF makes up approximately 0.3% of Gallagher Fiduciary Advisors LLC’s investment portfolio, making the stock its 21st largest position. Gallagher Fiduciary Advisors LLC’s holdings in Vanguard High Dividend Yield ETF were worth $9,475,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Auto Owners Insurance Co boosted its position in 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 purchasing an additional 147,919,464 shares during the last quarter. Bank of America Corp DE raised its stake in shares of Vanguard High Dividend Yield ETF by 1.8% during the 1st quarter. Bank of America Corp DE now owns 12,758,401 shares of the company’s stock worth $1,889,519,000 after purchasing an additional 229,521 shares in the last quarter. Morgan Stanley boosted its holdings in shares of Vanguard High Dividend Yield ETF by 1.6% in the 4th quarter. Morgan Stanley now owns 10,202,996 shares of the company’s stock valued at $1,464,334,000 after buying an additional 161,311 shares during the last quarter. Raymond James Financial Inc. grew its stake in shares of Vanguard High Dividend Yield ETF by 3.7% in 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 buying an additional 274,754 shares in the last quarter. Finally, LPL Financial LLC increased its holdings in Vanguard High Dividend Yield ETF by 5.3% during the fourth quarter. LPL Financial LLC now owns 6,820,119 shares of the company’s stock worth $978,823,000 after buying an additional 345,129 shares during the last quarter.

Vanguard High Dividend Yield ETF Trading Down 0.2%

NYSEARCA VYM opened at $164.84 on Wednesday. The firm has a market capitalization of $82.38 billion, a P/E ratio of 17.79 and a beta of 0.73. The firm’s fifty day moving average price is $161.88 and its two-hundred day moving average price is $156.84. Vanguard High Dividend Yield ETF has a 1 year low of $137.42 and a 1 year high of $167.61.

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.