Brookstone Capital Management Purchases 13,481 Shares of Vanguard High Dividend Yield ETF $VYM

Brookstone Capital Management grew its position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 10.8% in the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 138,056 shares of the company’s stock after purchasing an additional 13,481 shares during the quarter. Brookstone Capital Management’s holdings in Vanguard High Dividend Yield ETF were worth $21,817,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Concurrent Investment Advisors LLC grew its holdings in Vanguard High Dividend Yield ETF by 9.2% during the 4th quarter. Concurrent Investment Advisors LLC now owns 180,798 shares of the company’s stock worth $25,948,000 after acquiring an additional 15,173 shares in the last quarter. Financially in Tune LLC purchased a new position in Vanguard High Dividend Yield ETF during the 4th quarter valued at about $8,049,000. Oppenheimer & Co. Inc. increased its position in Vanguard High Dividend Yield ETF by 45.3% during the 4th quarter. Oppenheimer & Co. Inc. now owns 16,850 shares of the company’s stock valued at $2,418,000 after purchasing an additional 5,255 shares during the period. State Farm Mutual Automobile Insurance Co. raised its holdings in shares of Vanguard High Dividend Yield ETF by 29.4% in the 4th quarter. State Farm Mutual Automobile Insurance Co. now owns 218,597 shares of the company’s stock valued at $31,373,000 after purchasing an additional 49,694 shares in the last quarter. Finally, Indivisible Partners bought a new stake in shares of Vanguard High Dividend Yield ETF in the 4th quarter valued at about $781,000.

Vanguard High Dividend Yield ETF Stock Performance

Shares of VYM opened at $167.03 on Friday. The company has a 50 day moving average price of $160.89 and a 200-day moving average price of $155.99. Vanguard High Dividend Yield ETF has a fifty-two week low of $136.63 and a fifty-two week high of $167.61. The stock has a market capitalization of $83.47 billion, a PE ratio of 17.79 and a beta of 0.73.

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.