Shepherd Financial Partners LLC Purchases New Stake in Vanguard High Dividend Yield ETF $VYM

Shepherd Financial Partners LLC purchased a new position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) during the 3rd quarter, Holdings Channel.com reports. The firm purchased 3,534 shares of the company’s stock, valued at approximately $549,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Bank of America Corp DE raised 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 valued at $1,889,519,000 after buying an additional 229,521 shares during the last quarter. Envestnet Asset Management Inc. grew its stake in shares of Vanguard High Dividend Yield ETF by 4.7% in the second quarter. Envestnet Asset Management Inc. now owns 3,613,813 shares of the company’s stock worth $571,091,000 after acquiring an additional 162,084 shares during the last quarter. Cetera Investment Advisers grew its stake in shares of Vanguard High Dividend Yield ETF by 2.1% in the first quarter. Cetera Investment Advisers now owns 2,699,936 shares of the company’s stock worth $399,861,000 after acquiring an additional 54,785 shares during the last quarter. Vantagepoint Investment Advisers LLC grew its stake in shares of Vanguard High Dividend Yield ETF by 2.8% in the third quarter. Vantagepoint Investment Advisers LLC now owns 2,246,463 shares of the company’s stock worth $348,651,000 after acquiring an additional 62,197 shares during the last quarter. Finally, Rakuten Investment Management Inc. increased its holdings in shares of Vanguard High Dividend Yield ETF by 6.9% during the third quarter. Rakuten Investment Management Inc. now owns 1,811,754 shares of the company’s stock valued at $283,485,000 after acquiring an additional 116,700 shares in the last quarter.

Vanguard High Dividend Yield ETF Price Performance

Shares of NYSEARCA:VYM opened at $159.08 on Monday. The business has a fifty day moving average price of $160.63 and a 200-day moving average price of $157.49. The company has a market capitalization of $80.93 billion, a PE ratio of 17.79 and a beta of 0.72. Vanguard High Dividend Yield ETF has a 1-year low of $138.35 and a 1-year high of $167.61.

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.