Gateway Wealth Partners LLC Has $18.15 Million Stock Position in Vanguard High Dividend Yield ETF $VYM

Gateway Wealth Partners LLC boosted its position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 959.5% in the 1st quarter, according to its most recent filing with the SEC. The fund owned 122,539 shares of the company’s stock after purchasing an additional 110,973 shares during the period. Vanguard High Dividend Yield ETF comprises 0.7% of Gateway Wealth Partners LLC’s holdings, making the stock its 27th largest position. Gateway Wealth Partners LLC’s holdings in Vanguard High Dividend Yield ETF were worth $18,148,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Brighton Jones LLC boosted its stake in 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 purchasing an additional 3,177 shares during the period. AQR Capital Management LLC lifted its position in shares of Vanguard High Dividend Yield ETF by 314.5% during the 1st quarter. AQR Capital Management LLC now owns 28,618 shares of the company’s stock valued at $3,690,000 after acquiring an additional 21,713 shares during the period. Russell Investments Group Ltd. grew its holdings in shares of Vanguard High Dividend Yield ETF by 245.7% during the 2nd 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 in the last quarter. First Trust Advisors LP grew its holdings in shares of Vanguard High Dividend Yield ETF by 42.7% during the 2nd quarter. First Trust Advisors LP now owns 18,568 shares of the company’s stock worth $2,475,000 after purchasing an additional 5,556 shares in the last quarter. Finally, Gamco Investors INC. ET AL bought a new position in shares of Vanguard High Dividend Yield ETF in the second quarter worth $1,066,000.

Vanguard High Dividend Yield ETF Price Performance

VYM stock opened at $162.23 on Monday. The company has a market cap of $81.07 billion, a PE ratio of 17.79 and a beta of 0.73. The business has a 50-day simple moving average of $159.25 and a 200 day simple moving average of $154.33. Vanguard High Dividend Yield ETF has a 52 week low of $132.01 and a 52 week high of $162.69.

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.