Vanguard High Dividend Yield ETF $VYM Stock: D.A. Davidson & CO. Increases Stake

D.A. Davidson & CO. lifted its position in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 10.6% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 960,180 shares of the company’s stock after purchasing an additional 91,858 shares during the quarter. Vanguard High Dividend Yield ETF makes up about 0.8% of D.A. Davidson & CO.’s investment portfolio, making the stock its 24th largest position. D.A. Davidson & CO.’s holdings in Vanguard High Dividend Yield ETF were worth $149,020,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also modified their holdings of VYM. Bank of America Corp DE raised its stake in shares of Vanguard High Dividend Yield ETF by 1.8% in the first quarter. Bank of America Corp DE now owns 12,758,401 shares of the company’s stock valued at $1,889,519,000 after purchasing an additional 229,521 shares in the last quarter. Envestnet Asset Management Inc. lifted its position in Vanguard High Dividend Yield ETF by 4.7% in the second quarter. Envestnet Asset Management Inc. now owns 3,613,813 shares of the company’s stock worth $571,091,000 after purchasing an additional 162,084 shares during the period. Cetera Investment Advisers boosted its stake in Vanguard High Dividend Yield ETF by 2.1% during the first quarter. Cetera Investment Advisers now owns 2,699,936 shares of the company’s stock worth $399,861,000 after buying an additional 54,785 shares in the last quarter. Vantagepoint Investment Advisers LLC boosted its stake in Vanguard High Dividend Yield ETF by 2.8% during the third quarter. Vantagepoint Investment Advisers LLC now owns 2,246,463 shares of the company’s stock worth $348,651,000 after buying an additional 62,197 shares in the last quarter. Finally, HighTower Advisors LLC boosted its stake in Vanguard High Dividend Yield ETF by 0.8% during the second quarter. HighTower Advisors LLC now owns 1,466,544 shares of the company’s stock worth $231,758,000 after buying an additional 11,354 shares in the last quarter.

Vanguard High Dividend Yield ETF Price Performance

Shares of Vanguard High Dividend Yield ETF stock opened at $163.37 on Thursday. Vanguard High Dividend Yield ETF has a 52-week low of $138.35 and a 52-week high of $167.61. The firm has a market capitalization of $83.15 billion, a PE ratio of 17.79 and a beta of 0.73. The company’s fifty day moving average price is $160.90 and its two-hundred day moving average price is $156.96.

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.