WealthPLAN Partners LLC Boosts Stock Position in Vanguard High Dividend Yield ETF $VYM

WealthPLAN Partners LLC raised its stake in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 19.7% in the 4th quarter, Holdings Channel reports. The fund owned 45,006 shares of the company’s stock after acquiring an additional 7,411 shares during the quarter. Vanguard High Dividend Yield ETF accounts for approximately 1.0% of WealthPLAN Partners LLC’s portfolio, making the stock its 28th biggest position. WealthPLAN Partners LLC’s holdings in Vanguard High Dividend Yield ETF were worth $6,459,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in VYM. BNP Paribas Financial Markets raised its stake in shares of Vanguard High Dividend Yield ETF by 17,493.6% during the 4th quarter. BNP Paribas Financial Markets now owns 700,928 shares of the company’s stock worth $100,597,000 after buying an additional 696,944 shares in the last quarter. Wellington Management Group LLP raised its stake in shares of Vanguard High Dividend Yield ETF by 493.0% during the 3rd quarter. Wellington Management Group LLP now owns 596,737 shares of the company’s stock worth $84,110,000 after buying an additional 496,110 shares in the last quarter. AQR Capital Management LLC raised 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 in the last quarter. LPL Financial LLC raised its stake in shares of Vanguard High Dividend Yield ETF by 5.3% during the 4th quarter. LPL Financial LLC now owns 6,820,119 shares of the company’s stock worth $978,823,000 after buying an additional 345,129 shares in the last quarter. Finally, Axxcess Wealth Management LLC raised its stake in shares of Vanguard High Dividend Yield ETF by 3,723.9% during the 4th quarter. Axxcess Wealth Management LLC now owns 296,771 shares of the company’s stock worth $42,592,000 after buying an additional 289,010 shares in the last quarter.

Vanguard High Dividend Yield ETF Trading Up 1.2%

Shares of VYM stock opened at $159.05 on Friday. The company has a market cap of $78.01 billion, a price-to-earnings ratio of 17.79 and a beta of 0.73. The stock has a 50 day simple moving average of $155.56 and a 200-day simple moving average of $151.04. Vanguard High Dividend Yield ETF has a 12-month low of $129.11 and a 12-month high of $161.29.

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.