Independent Financial Group LLC Acquires Shares of 64,445 Vanguard High Dividend Yield ETF $VYM

Independent Financial Group LLC bought a new stake in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 64,445 shares of the company’s stock, valued at approximately $9,544,000.

A number of other hedge funds also recently made changes to their positions in the business. Auto Owners Insurance Co boosted its holdings in shares of Vanguard High Dividend Yield ETF by 20,425.2% in the 4th quarter. Auto Owners Insurance Co now owns 148,643,664 shares of the company’s stock worth $21,333,339,000 after buying an additional 147,919,464 shares during the last quarter. Morgan Stanley raised its position in Vanguard High Dividend Yield ETF by 1.6% in the fourth quarter. Morgan Stanley now owns 10,202,996 shares of the company’s stock worth $1,464,334,000 after acquiring an additional 161,311 shares during the period. Raymond James Financial Inc. raised its position in 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 worth $1,107,975,000 after acquiring 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 fourth 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 during the period. Finally, Wells Fargo & Company MN boosted its stake in Vanguard High Dividend Yield ETF by 3.9% in the fourth quarter. Wells Fargo & Company MN now owns 5,506,257 shares of the company’s stock valued at $790,258,000 after acquiring an additional 204,501 shares during the last quarter.

Vanguard High Dividend Yield ETF Stock Up 0.5%

Vanguard High Dividend Yield ETF stock opened at $160.85 on Friday. Vanguard High Dividend Yield ETF has a twelve month low of $132.01 and a twelve month high of $161.67. The firm has a 50 day moving average price of $158.67 and a 200-day moving average price of $153.64. The company has a market capitalization of $80.38 billion, a P/E ratio of 17.79 and a beta of 0.73.

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.