SVB Wealth LLC Acquires Shares of 7,447 Vanguard High Dividend Yield ETF $VYM

SVB Wealth LLC bought a new stake in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 7,447 shares of the company’s stock, valued at approximately $1,177,000.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in VYM. Auto Owners Insurance Co raised its stake 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 last quarter. BNP Paribas Financial Markets increased its holdings in shares of Vanguard High Dividend Yield ETF by 17,493.6% in the fourth quarter. BNP Paribas Financial Markets now owns 700,928 shares of the company’s stock valued at $100,597,000 after purchasing an additional 696,944 shares during the period. Wellington Management Group LLP raised its stake in shares of Vanguard High Dividend Yield ETF by 493.0% during the third quarter. Wellington Management Group LLP now owns 596,737 shares of the company’s stock worth $84,110,000 after purchasing an additional 496,110 shares during the last quarter. AQR Capital Management LLC raised its stake in shares of Vanguard High Dividend Yield ETF by 846.2% during the third quarter. AQR Capital Management LLC now owns 401,576 shares of the company’s stock worth $56,602,000 after purchasing an additional 359,136 shares during the last quarter. Finally, LPL Financial LLC lifted 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 period.

Vanguard High Dividend Yield ETF Price Performance

Shares of NYSEARCA VYM opened at $162.69 on Thursday. The stock has a fifty day moving average price of $163.13 and a 200 day moving average price of $157.53. Vanguard High Dividend Yield ETF has a 1-year low of $137.42 and a 1-year high of $167.61. The company has a market cap of $81.30 billion, a PE ratio of 17.79 and a beta of 0.73.

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.