IFP Advisors Inc Purchases 4,646 Shares of Vanguard High Dividend Yield ETF $VYM

IFP Advisors Inc lifted its position in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 2.7% during the second quarter, Holdings Channel.com reports. The firm owned 174,068 shares of the company’s stock after purchasing an additional 4,646 shares during the period. IFP Advisors Inc’s holdings in Vanguard High Dividend Yield ETF were worth $27,508,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Auto Owners Insurance Co raised its holdings in Vanguard High Dividend Yield ETF by 20,425.2% during the fourth 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. Bank of America Corp DE lifted its stake in shares of Vanguard High Dividend Yield ETF by 1.8% in the first quarter. Bank of America Corp DE now owns 12,758,401 shares of the company’s stock valued at $1,889,519,000 after buying an additional 229,521 shares in the last quarter. Morgan Stanley grew its holdings in shares of 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 valued at $1,464,334,000 after buying an additional 161,311 shares during the last quarter. Raymond James Financial Inc. increased its position in shares of Vanguard High Dividend Yield ETF by 3.7% during 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 in the last quarter. Finally, LPL Financial LLC increased its position in shares of 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 worth $978,823,000 after acquiring an additional 345,129 shares in the last quarter.

Vanguard High Dividend Yield ETF Price Performance

VYM opened at $163.52 on Wednesday. Vanguard High Dividend Yield ETF has a fifty-two week low of $137.42 and a fifty-two week high of $167.61. The firm has a market capitalization of $81.72 billion, a PE ratio of 17.79 and a beta of 0.73. The company’s 50-day moving average is $163.05 and its 200 day moving average is $157.48.

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.