Sequoia Financial Advisors LLC Sells 6,905 Shares of Vanguard High Dividend Yield ETF $VYM

Sequoia Financial Advisors LLC reduced its holdings in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 11.8% in the 1st quarter, HoldingsChannel reports. The fund owned 51,543 shares of the company’s stock after selling 6,905 shares during the period. Sequoia Financial Advisors LLC’s holdings in Vanguard High Dividend Yield ETF were worth $7,634,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of the business. Auto Owners Insurance Co grew its stake in shares of Vanguard High Dividend Yield ETF by 20,425.2% in the fourth quarter. Auto Owners Insurance Co now owns 148,643,664 shares of the company’s stock worth $21,333,339,000 after purchasing an additional 147,919,464 shares during the last quarter. BNP Paribas Financial Markets lifted its holdings in 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 during the period. Wellington Management Group LLP lifted its holdings in 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 during the period. AQR Capital Management LLC grew its position in shares of Vanguard High Dividend Yield ETF by 846.2% in the 3rd quarter. AQR Capital Management LLC now owns 401,576 shares of the company’s stock valued at $56,602,000 after buying an additional 359,136 shares during the last quarter. Finally, LPL Financial LLC grew its position in shares of Vanguard High Dividend Yield ETF by 5.3% in the 4th quarter. LPL Financial LLC now owns 6,820,119 shares of the company’s stock valued at $978,823,000 after buying an additional 345,129 shares during the last quarter.

Vanguard High Dividend Yield ETF Stock Performance

Shares of VYM stock traded up $0.51 on Friday, hitting $161.06. The company had a trading volume of 1,354,307 shares, compared to its average volume of 1,491,928. The firm has a market cap of $80.49 billion, a P/E ratio of 17.79 and a beta of 0.73. The stock’s 50-day moving average is $158.34 and its two-hundred day moving average is $153.14. Vanguard High Dividend Yield ETF has a twelve month low of $132.01 and a twelve month high of $161.46.

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.