Hayek Kallen Investment Management Raises Stock Position in Vanguard High Dividend Yield ETF $VYM

Hayek Kallen Investment Management grew its position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 17.5% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 26,407 shares of the company’s stock after buying an additional 3,937 shares during the period. Vanguard High Dividend Yield ETF accounts for approximately 1.3% of Hayek Kallen Investment Management’s investment portfolio, making the stock its 25th largest position. Hayek Kallen Investment Management’s holdings in Vanguard High Dividend Yield ETF were worth $4,173,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in VYM. Auto Owners Insurance Co increased its stake 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 acquiring an additional 147,919,464 shares during the last quarter. Bank of America Corp DE grew its holdings in shares of Vanguard High Dividend Yield ETF by 1.8% during the 1st quarter. Bank of America Corp DE now owns 12,758,401 shares of the company’s stock worth $1,889,519,000 after purchasing an additional 229,521 shares during the period. Morgan Stanley increased its position in shares of Vanguard High Dividend Yield ETF by 1.6% during the 4th quarter. Morgan Stanley now owns 10,202,996 shares of the company’s stock worth $1,464,334,000 after purchasing an additional 161,311 shares during the last quarter. Raymond James Financial Inc. lifted its position in Vanguard High Dividend Yield ETF by 3.7% in the fourth quarter. Raymond James Financial Inc. now owns 7,720,006 shares of the company’s stock valued at $1,107,975,000 after buying an additional 274,754 shares during the last quarter. Finally, LPL Financial LLC lifted its position in Vanguard High Dividend Yield ETF by 5.3% in the fourth 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 Price Performance

Shares of VYM opened at $164.41 on Friday. The firm has a 50-day simple moving average of $162.12 and a two-hundred day simple moving average of $157.00. The stock has a market cap of $82.16 billion, a PE ratio of 17.79 and a beta of 0.73. Vanguard High Dividend Yield ETF has a 1-year low of $137.42 and a 1-year high of $167.61.

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.