Sound Portfolio Advisors LLC Purchases Shares of 5,123 Vanguard High Dividend Yield ETF $VYM

Sound Portfolio Advisors LLC purchased a new stake in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) in the fourth quarter, HoldingsChannel reports. The institutional investor purchased 5,123 shares of the company’s stock, valued at approximately $735,000. Vanguard High Dividend Yield ETF comprises about 0.6% of Sound Portfolio Advisors LLC’s investment portfolio, making the stock its 17th biggest holding.

A number of other large investors have also recently added to or reduced their stakes in VYM. Vantagepoint Investment Advisers LLC acquired a new stake in Vanguard High Dividend Yield ETF in the third quarter valued at $316,679,000. Rakuten Investment Management Inc. acquired a new stake in Vanguard High Dividend Yield ETF in the third quarter valued at $199,321,000. Cornerstone Planning Group LLC lifted its stake in Vanguard High Dividend Yield ETF by 57,021.7% in the third quarter. Cornerstone Planning Group LLC now owns 526,662 shares of the company’s stock valued at $74,233,000 after acquiring an additional 525,740 shares during the last quarter. Wellington Management Group LLP lifted its stake in Vanguard High Dividend Yield ETF by 493.0% in the third quarter. Wellington Management Group LLP now owns 596,737 shares of the company’s stock valued at $84,110,000 after acquiring an additional 496,110 shares during the last quarter. Finally, AQR Capital Management LLC lifted its stake in shares of Vanguard High Dividend Yield ETF by 846.2% during the 3rd quarter. AQR Capital Management LLC now owns 401,576 shares of the company’s stock worth $56,602,000 after buying an additional 359,136 shares during the last quarter.

Vanguard High Dividend Yield ETF Stock Performance

NYSEARCA VYM opened at $155.76 on Friday. The firm has a 50-day moving average of $151.74 and a 200-day moving average of $148.58. The stock has a market cap of $76.39 billion, a PE ratio of 17.79 and a beta of 0.73. Vanguard High Dividend Yield ETF has a 52-week low of $126.00 and a 52-week high of $157.63.

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.