Envestnet Asset Management Inc. Acquires 162,084 Shares of Vanguard High Dividend Yield ETF $VYM

Envestnet Asset Management Inc. increased its stake in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 4.7% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,613,813 shares of the company’s stock after buying an additional 162,084 shares during the period. Envestnet Asset Management Inc. owned 0.71% of Vanguard High Dividend Yield ETF worth $571,091,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. PayPay Securities Corp lifted its position in shares of Vanguard High Dividend Yield ETF by 75.8% during the first quarter. PayPay Securities Corp now owns 174 shares of the company’s stock worth $27,000 after purchasing an additional 75 shares in the last quarter. Highland Investment Advisors LLC bought a new position in Vanguard High Dividend Yield ETF in the 2nd quarter worth approximately $32,000. Main Street Group LTD bought a new position in Vanguard High Dividend Yield ETF in the 1st quarter worth approximately $43,000. Basecamp Wealth Advisors LLC lifted its holdings in Vanguard High Dividend Yield ETF by 74.0% during the 1st quarter. Basecamp Wealth Advisors LLC now owns 348 shares of the company’s stock worth $52,000 after buying an additional 148 shares in the last quarter. Finally, Nalls Sherbakoff Group LLC bought a new position in Vanguard High Dividend Yield ETF in the 4th quarter valued at $55,000.

Vanguard High Dividend Yield ETF Price Performance

Shares of NYSEARCA VYM traded down $1.05 during midday trading on Wednesday, hitting $157.66. The stock had a trading volume of 1,524,102 shares, compared to its average volume of 1,394,177. The company’s 50-day simple moving average is $163.20 and its 200 day simple moving average is $157.91. The firm has a market cap of $79.99 billion, a P/E ratio of 17.79 and a beta of 0.73. Vanguard High Dividend Yield ETF has a fifty-two week low of $137.42 and a fifty-two week high of $167.61.

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.