Vanguard High Dividend Yield ETF $VYM is Operose Advisors LLC’s 2nd Largest Position

Operose Advisors LLC trimmed its position in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 1.3% during the 2nd quarter, HoldingsChannel.com reports. The fund owned 323,133 shares of the company’s stock after selling 4,409 shares during the period. Vanguard High Dividend Yield ETF makes up approximately 9.9% of Operose Advisors LLC’s holdings, making the stock its 2nd largest holding. Operose Advisors LLC’s holdings in Vanguard High Dividend Yield ETF were worth $51,064,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in VYM. Financially in Tune LLC purchased a new position in Vanguard High Dividend Yield ETF during the 4th quarter valued at about $8,049,000. State Farm Mutual Automobile Insurance Co. grew its holdings in Vanguard High Dividend Yield ETF by 29.4% in the fourth quarter. State Farm Mutual Automobile Insurance Co. now owns 218,597 shares of the company’s stock worth $31,373,000 after purchasing an additional 49,694 shares during the period. Arsenal Capital Advisors LLC purchased a new stake in Vanguard High Dividend Yield ETF in the fourth quarter worth about $2,607,000. Midwest Trust Co increased its stake in shares of Vanguard High Dividend Yield ETF by 126.9% during the fourth quarter. Midwest Trust Co now owns 96,874 shares of the company’s stock valued at $13,903,000 after purchasing an additional 54,177 shares in the last quarter. Finally, DAVENPORT & Co LLC increased its stake in shares of Vanguard High Dividend Yield ETF by 5.2% during the second quarter. DAVENPORT & Co LLC now owns 352,667 shares of the company’s stock valued at $55,732,000 after purchasing an additional 17,336 shares in the last quarter.

Vanguard High Dividend Yield ETF Stock Performance

VYM stock opened at $164.23 on Friday. The firm has a 50 day moving average price of $162.82 and a 200-day moving average price of $157.34. Vanguard High Dividend Yield ETF has a 52-week low of $137.42 and a 52-week high of $167.61. The firm has a market capitalization of $82.07 billion, a price-to-earnings ratio of 17.79 and a beta of 0.73.

About Vanguard High Dividend Yield ETF

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.