Wealthfront Advisers LLC Grows Stake in Vanguard High Dividend Yield ETF $VYM

Wealthfront Advisers LLC raised its holdings in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 31.8% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 21,689 shares of the company’s stock after purchasing an additional 5,227 shares during the period. Wealthfront Advisers LLC’s holdings in Vanguard High Dividend Yield ETF were worth $3,212,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the business. Brighton Jones LLC increased its holdings in shares of Vanguard High Dividend Yield ETF by 23.3% during the fourth quarter. Brighton Jones LLC now owns 16,836 shares of the company’s stock valued at $2,148,000 after acquiring an additional 3,177 shares in the last quarter. AQR Capital Management LLC boosted its stake in Vanguard High Dividend Yield ETF by 314.5% in the 1st quarter. AQR Capital Management LLC now owns 28,618 shares of the company’s stock worth $3,690,000 after purchasing an additional 21,713 shares in the last quarter. Russell Investments Group Ltd. grew its position in Vanguard High Dividend Yield ETF by 245.7% during the 2nd quarter. Russell Investments Group Ltd. now owns 3,519 shares of the company’s stock worth $469,000 after purchasing an additional 2,501 shares during the last quarter. First Trust Advisors LP grew its position in Vanguard High Dividend Yield ETF by 42.7% during the 2nd quarter. First Trust Advisors LP now owns 18,568 shares of the company’s stock worth $2,475,000 after purchasing an additional 5,556 shares during the last quarter. Finally, Gamco Investors INC. ET AL purchased a new stake in Vanguard High Dividend Yield ETF during the 2nd quarter worth approximately $1,066,000.

Vanguard High Dividend Yield ETF Stock Performance

Shares of Vanguard High Dividend Yield ETF stock opened at $160.16 on Monday. The firm’s 50 day simple moving average is $158.76 and its two-hundred day simple moving average is $153.75. The firm has a market capitalization of $80.04 billion, a price-to-earnings ratio of 17.79 and a beta of 0.73. Vanguard High Dividend Yield ETF has a 12-month low of $132.01 and a 12-month high of $161.70.

Vanguard High Dividend Yield ETF Company 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.