Quantum Capital Management LLC NJ Takes $3.16 Million Position in Vanguard High Dividend Yield ETF $VYM

Quantum Capital Management LLC NJ purchased a new stake in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) during the 4th quarter, Holdings Channel.com reports. The institutional investor purchased 21,982 shares of the company’s stock, valued at approximately $3,155,000. Vanguard High Dividend Yield ETF makes up 0.4% of Quantum Capital Management LLC NJ’s holdings, making the stock its 23rd largest position.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Raymond James Financial Inc. increased its position in shares of Vanguard High Dividend Yield ETF by 2.4% during the second quarter. Raymond James Financial Inc. now owns 7,491,066 shares of the company’s stock valued at $998,634,000 after buying an additional 178,904 shares during the period. LPL Financial LLC increased 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 valued at $978,823,000 after buying an additional 345,129 shares during the period. JPMorgan Chase & Co. increased its position in shares of Vanguard High Dividend Yield ETF by 1.7% during the fourth quarter. JPMorgan Chase & Co. now owns 5,363,002 shares of the company’s stock valued at $769,698,000 after buying an additional 89,912 shares during the period. Ameriprise Financial Inc. increased its position in shares of Vanguard High Dividend Yield ETF by 1.6% during the third quarter. Ameriprise Financial Inc. now owns 4,019,262 shares of the company’s stock valued at $566,458,000 after buying an additional 64,127 shares during the period. Finally, Wellspring Financial Advisors LLC increased its position in shares of Vanguard High Dividend Yield ETF by 2.4% during the fourth quarter. Wellspring Financial Advisors LLC now owns 2,978,503 shares of the company’s stock valued at $427,475,000 after buying an additional 70,074 shares during the period.

Vanguard High Dividend Yield ETF Price Performance

Shares of NYSEARCA VYM opened at $160.33 on Friday. Vanguard High Dividend Yield ETF has a 1 year low of $129.11 and a 1 year high of $161.29. The company’s 50-day moving average is $155.81 and its 200 day moving average is $151.10. The stock has a market capitalization of $78.64 billion, a P/E ratio of 17.79 and a beta of 0.73.

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.