Evanson Financial LLC Invests $9.17 Million in Vanguard High Dividend Yield ETF $VYM

Evanson Financial LLC acquired a new stake in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) in the second quarter, Holdings Channel.com reports. The fund acquired 58,035 shares of the company’s stock, valued at approximately $9,171,000.

Several other institutional investors and hedge funds have also recently modified their holdings of VYM. Auto Owners Insurance Co boosted its holdings 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 valued at $21,333,339,000 after acquiring an additional 147,919,464 shares during the period. Bank of America Corp DE increased its stake in 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 worth $1,889,519,000 after purchasing an additional 229,521 shares during the period. Morgan Stanley lifted its position 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 worth $1,464,334,000 after purchasing an additional 161,311 shares in the last quarter. Raymond James Financial Inc. lifted its position in shares of Vanguard High Dividend Yield ETF by 3.7% during 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 in the last quarter. Finally, LPL Financial LLC lifted its position 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 in the last quarter.

Vanguard High Dividend Yield ETF Stock Performance

NYSEARCA VYM opened at $164.77 on Friday. The firm has a market cap of $82.34 billion, a price-to-earnings ratio of 17.79 and a beta of 0.73. The firm has a 50 day simple moving average of $160.27 and a 200-day simple moving average of $155.34. Vanguard High Dividend Yield ETF has a one year low of $134.09 and a one year high of $166.06.

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.