Vanguard High Dividend Yield ETF $VYM Shares Acquired by PFG Advisors

PFG Advisors increased its holdings in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 14.9% during the second quarter, HoldingsChannel reports. The institutional investor owned 157,118 shares of the company’s stock after acquiring an additional 20,397 shares during the period. Vanguard High Dividend Yield ETF accounts for about 1.3% of PFG Advisors’ holdings, making the stock its 16th biggest holding. PFG Advisors’ holdings in Vanguard High Dividend Yield ETF were worth $24,829,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in VYM. Lloyd Advisory Services LLC. purchased a new stake in Vanguard High Dividend Yield ETF in the 4th quarter worth $25,000. PayPay Securities Corp raised its position in Vanguard High Dividend Yield ETF by 75.8% during the first quarter. PayPay Securities Corp now owns 174 shares of the company’s stock worth $27,000 after acquiring an additional 75 shares during the period. LRI Investments LLC lifted its holdings in Vanguard High Dividend Yield ETF by 400.0% during the fourth quarter. LRI Investments LLC now owns 250 shares of the company’s stock valued at $36,000 after purchasing an additional 200 shares in the last quarter. Resources Management Corp CT ADV purchased a new position in Vanguard High Dividend Yield ETF during the fourth quarter valued at $40,000. Finally, IFC & Insurance Marketing Inc. acquired a new stake in shares of Vanguard High Dividend Yield ETF in the fourth quarter valued at about $40,000.

Vanguard High Dividend Yield ETF Stock Down 0.3%

Shares of NYSEARCA VYM opened at $166.52 on Friday. The firm has a market cap of $83.22 billion, a price-to-earnings ratio of 17.79 and a beta of 0.73. The company’s 50-day simple moving average is $161.06 and its 200-day simple moving average is $156.06. Vanguard High Dividend Yield ETF has a 52-week low of $136.71 and a 52-week high of $167.61.

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.