Pacific Excel Wealth Advisors Inc. Invests $586,000 in Vanguard High Dividend Yield ETF $VYM

Pacific Excel Wealth Advisors Inc. bought a new position in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) in the second quarter, Holdings Channel.com reports. The institutional investor bought 3,708 shares of the company’s stock, valued at approximately $586,000.

Other large investors have also recently bought and sold shares of the company. Auto Owners Insurance Co raised its position in Vanguard High Dividend Yield ETF by 20,425.2% during the 4th quarter. Auto Owners Insurance Co now owns 148,643,664 shares of the company’s stock worth $21,333,339,000 after buying an additional 147,919,464 shares during the last quarter. Bank of America Corp DE boosted its holdings in shares of Vanguard High Dividend Yield ETF by 1.8% in the 1st quarter. Bank of America Corp DE now owns 12,758,401 shares of the company’s stock valued at $1,889,519,000 after acquiring an additional 229,521 shares during the last quarter. Morgan Stanley increased its stake in shares of Vanguard High Dividend Yield ETF by 1.6% in the fourth quarter. Morgan Stanley now owns 10,202,996 shares of the company’s stock worth $1,464,334,000 after acquiring an additional 161,311 shares during the period. Raymond James Financial Inc. increased its stake in shares of 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 acquiring an additional 274,754 shares during the period. Finally, LPL Financial LLC raised its holdings in shares of Vanguard High Dividend Yield ETF by 5.3% during 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 last quarter.

Vanguard High Dividend Yield ETF Price Performance

NYSEARCA VYM opened at $165.30 on Wednesday. Vanguard High Dividend Yield ETF has a 1 year low of $133.68 and a 1 year high of $165.59. The company has a market capitalization of $82.61 billion, a PE ratio of 17.79 and a beta of 0.73. The company has a fifty day moving average of $160.01 and a 200 day moving average of $155.11.

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.