Founders Financial Securities LLC Buys 4,005 Shares of Vanguard High Dividend Yield ETF $VYM

Founders Financial Securities LLC boosted its stake in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 36.3% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 15,041 shares of the company’s stock after purchasing an additional 4,005 shares during the period. Founders Financial Securities LLC’s holdings in Vanguard High Dividend Yield ETF were worth $2,159,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Raymond James Financial Inc. lifted its holdings in Vanguard High Dividend Yield ETF by 2.4% during the 2nd 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 in the last quarter. Ameriprise Financial Inc. lifted its holdings in Vanguard High Dividend Yield ETF by 1.6% during the 3rd 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 in the last quarter. Mercer Global Advisors Inc. ADV lifted its holdings in Vanguard High Dividend Yield ETF by 6.3% during the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 2,646,199 shares of the company’s stock valued at $372,979,000 after buying an additional 157,950 shares in the last quarter. Jones Financial Companies Lllp lifted its holdings in Vanguard High Dividend Yield ETF by 9.3% during the 3rd quarter. Jones Financial Companies Lllp now owns 2,343,326 shares of the company’s stock valued at $329,904,000 after buying an additional 200,130 shares in the last quarter. Finally, Vantagepoint Investment Advisers LLC lifted its holdings in Vanguard High Dividend Yield ETF by 3.0% during the 4th quarter. Vantagepoint Investment Advisers LLC now owns 2,314,911 shares of the company’s stock valued at $332,236,000 after buying an additional 68,167 shares in the last quarter.

Vanguard High Dividend Yield ETF Price Performance

Shares of VYM opened at $159.19 on Monday. Vanguard High Dividend Yield ETF has a 1-year low of $127.64 and a 1-year high of $159.68. The company has a 50-day moving average of $153.34 and a 200 day moving average of $149.85. The firm has a market capitalization of $78.08 billion, a price-to-earnings 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.