NewEdge Advisors LLC Grows Stock Position in Vanguard High Dividend Yield ETF $VYM

NewEdge Advisors LLC lifted its holdings in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 1.7% during the 1st quarter, Holdings Channel.com reports. The firm owned 337,471 shares of the company’s stock after buying an additional 5,644 shares during the period. NewEdge Advisors LLC’s holdings in Vanguard High Dividend Yield ETF were worth $49,979,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently made changes to their positions in VYM. Lloyd Advisory Services LLC. purchased a new stake in Vanguard High Dividend Yield ETF during the fourth quarter valued at approximately $25,000. PayPay Securities Corp boosted its stake in shares of Vanguard High Dividend Yield ETF by 75.8% during the 1st quarter. PayPay Securities Corp now owns 174 shares of the company’s stock worth $27,000 after acquiring an additional 75 shares during the last quarter. LRI Investments LLC boosted its stake in shares of Vanguard High Dividend Yield ETF by 400.0% during the 4th quarter. LRI Investments LLC now owns 250 shares of the company’s stock worth $36,000 after acquiring an additional 200 shares during the last quarter. IFC & Insurance Marketing Inc. bought a new stake in shares of Vanguard High Dividend Yield ETF during the 4th quarter valued at $40,000. Finally, Resources Management Corp CT ADV bought a new stake in shares of Vanguard High Dividend Yield ETF during the 4th quarter valued at $40,000.

Vanguard High Dividend Yield ETF Price Performance

NYSEARCA:VYM opened at $164.77 on Friday. The firm has a market capitalization of $82.34 billion, a price-to-earnings ratio of 17.79 and a beta of 0.73. Vanguard High Dividend Yield ETF has a one year low of $134.09 and a one year high of $166.06. The business has a fifty day moving average price of $160.27 and a 200-day moving average price of $155.34.

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.