Arax Advisory Partners Sells 11,448 Shares of Vanguard High Dividend Yield ETF $VYM

Arax Advisory Partners reduced its stake in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 14.9% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 65,604 shares of the company’s stock after selling 11,448 shares during the period. Arax Advisory Partners’ holdings in Vanguard High Dividend Yield ETF were worth $9,415,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of VYM. BNP Paribas Financial Markets raised its holdings in Vanguard High Dividend Yield ETF by 17,493.6% during the fourth quarter. BNP Paribas Financial Markets now owns 700,928 shares of the company’s stock valued at $100,597,000 after buying an additional 696,944 shares in the last quarter. Wellington Management Group LLP raised its holdings in Vanguard High Dividend Yield ETF by 493.0% during the third quarter. Wellington Management Group LLP now owns 596,737 shares of the company’s stock valued at $84,110,000 after buying an additional 496,110 shares in the last quarter. AQR Capital Management LLC raised its holdings in Vanguard High Dividend Yield ETF by 846.2% during the third quarter. AQR Capital Management LLC now owns 401,576 shares of the company’s stock valued at $56,602,000 after buying an additional 359,136 shares in the last quarter. LPL Financial LLC raised its holdings in Vanguard High Dividend Yield ETF by 5.3% during the fourth quarter. LPL Financial LLC now owns 6,820,119 shares of the company’s stock valued at $978,823,000 after buying an additional 345,129 shares in the last quarter. Finally, Axxcess Wealth Management LLC grew its position in shares of Vanguard High Dividend Yield ETF by 3,723.9% in the fourth quarter. Axxcess Wealth Management LLC now owns 296,771 shares of the company’s stock valued at $42,592,000 after purchasing an additional 289,010 shares during the last quarter.

Vanguard High Dividend Yield ETF Stock Performance

Shares of NYSEARCA:VYM opened at $160.33 on Friday. The company has a market cap of $78.64 billion, a P/E ratio of 17.79 and a beta of 0.73. The stock’s 50-day moving average is $155.81 and its 200-day moving average is $151.10. Vanguard High Dividend Yield ETF has a 52-week low of $129.11 and a 52-week high of $161.29.

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.