Noble Wealth Partners LLC Makes New $3.69 Million Investment in Vanguard High Dividend Yield ETF $VYM

Noble Wealth Partners LLC purchased a new stake in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) during the 2nd quarter, Holdings Channel reports. The firm purchased 23,349 shares of the company’s stock, valued at approximately $3,690,000. Vanguard High Dividend Yield ETF accounts for 3.2% of Noble Wealth Partners LLC’s portfolio, making the stock its 9th biggest position.

A number of other hedge funds also recently made changes to their positions in VYM. 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 in the last quarter. Bank of America Corp DE raised its stake in shares of Vanguard High Dividend Yield ETF by 1.8% during the first quarter. Bank of America Corp DE now owns 12,758,401 shares of the company’s stock valued at $1,889,519,000 after purchasing an additional 229,521 shares in the last quarter. Morgan Stanley raised its stake in shares of Vanguard High Dividend Yield ETF by 1.6% during the fourth quarter. Morgan Stanley now owns 10,202,996 shares of the company’s stock valued at $1,464,334,000 after purchasing an additional 161,311 shares in the last quarter. Raymond James Financial Inc. lifted its holdings 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 worth $1,107,975,000 after purchasing an additional 274,754 shares during the period. Finally, LPL Financial LLC lifted its holdings 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 worth $978,823,000 after purchasing an additional 345,129 shares during the period.

Vanguard High Dividend Yield ETF Stock Down 0.4%

Shares of VYM opened at $164.23 on Friday. The firm has a 50-day moving average price of $162.82 and a 200 day moving average price of $157.34. The firm has a market capitalization of $82.07 billion, a PE ratio of 17.79 and a beta of 0.73. Vanguard High Dividend Yield ETF has a 52-week low of $137.42 and a 52-week high of $167.61.

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.