Brighton Securities CORP. Trims Position in Vanguard High Dividend Yield ETF $VYM

Brighton Securities CORP. decreased its position in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 51.6% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 15,137 shares of the company’s stock after selling 16,124 shares during the quarter. Vanguard High Dividend Yield ETF makes up about 1.1% of Brighton Securities CORP.’s portfolio, making the stock its 13th biggest holding. Brighton Securities CORP.’s holdings in Vanguard High Dividend Yield ETF were worth $2,172,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of VYM. Morgan Stanley increased its position in Vanguard High Dividend Yield ETF by 1.6% during the fourth 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 during the last quarter. Raymond James Financial Inc. boosted its holdings in Vanguard High Dividend Yield ETF by 3.7% in the 4th quarter. Raymond James Financial Inc. now owns 7,720,006 shares of the company’s stock valued at $1,107,975,000 after purchasing an additional 274,754 shares during the last quarter. LPL Financial LLC boosted its holdings 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 during the last quarter. Wells Fargo & Company MN grew its stake in shares of 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 buying an additional 204,501 shares during the period. Finally, JPMorgan Chase & Co. grew 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 Price Performance

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

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.