SHP Wealth Management Makes New Investment in Vanguard High Dividend Yield ETF $VYM

SHP Wealth Management acquired a new position in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 7,826 shares of the company’s stock, valued at approximately $1,123,000.

Other hedge funds have also modified their holdings of the company. Morgan Stanley grew its stake in Vanguard High Dividend Yield ETF by 1.6% during the 4th quarter. Morgan Stanley now owns 10,202,996 shares of the company’s stock worth $1,464,334,000 after purchasing an additional 161,311 shares in the last quarter. Raymond James Financial Inc. increased its holdings in Vanguard High Dividend Yield ETF by 3.7% during the 4th quarter. Raymond James Financial Inc. now owns 7,720,006 shares of the company’s stock worth $1,107,975,000 after purchasing an additional 274,754 shares during the period. LPL Financial LLC raised its position in Vanguard High Dividend Yield ETF by 5.3% in the 4th quarter. LPL Financial LLC now owns 6,820,119 shares of the company’s stock valued at $978,823,000 after purchasing an additional 345,129 shares in the last quarter. Wells Fargo & Company MN raised its position in Vanguard High Dividend Yield ETF by 3.9% in the 4th quarter. Wells Fargo & Company MN now owns 5,506,257 shares of the company’s stock valued at $790,258,000 after purchasing an additional 204,501 shares in the last quarter. Finally, JPMorgan Chase & Co. boosted its stake in shares of Vanguard High Dividend Yield ETF by 1.7% in the 4th quarter. JPMorgan Chase & Co. now owns 5,363,002 shares of the company’s stock valued at $769,698,000 after buying an additional 89,912 shares during the period.

Vanguard High Dividend Yield ETF Stock Performance

Shares of VYM opened at $158.21 on Friday. Vanguard High Dividend Yield ETF has a 1 year low of $129.11 and a 1 year high of $161.46. The stock has a market capitalization of $77.60 billion, a PE ratio of 17.79 and a beta of 0.73. The stock has a 50-day simple moving average of $156.82 and a 200-day simple moving average of $151.65.

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.