Fifth Third Bancorp Has $35.08 Million Stake in Vanguard High Dividend Yield ETF $VYM

Fifth Third Bancorp lifted its position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 1,198.6% in the 1st quarter, HoldingsChannel reports. The institutional investor owned 236,843 shares of the company’s stock after buying an additional 218,605 shares during the quarter. Fifth Third Bancorp’s holdings in Vanguard High Dividend Yield ETF were worth $35,076,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in VYM. Sachetta LLC lifted its stake in Vanguard High Dividend Yield ETF by 11.1% in the first quarter. Sachetta LLC now owns 1,300 shares of the company’s stock valued at $193,000 after acquiring an additional 130 shares during the last quarter. TSA Wealth Managment LLC acquired a new position in shares of Vanguard High Dividend Yield ETF during the 1st quarter worth $293,000. Simplicity Wealth LLC raised its holdings in shares of Vanguard High Dividend Yield ETF by 4.3% during the 1st quarter. Simplicity Wealth LLC now owns 63,633 shares of the company’s stock valued at $9,424,000 after purchasing an additional 2,633 shares in the last quarter. Petix & Botte Co raised its holdings in shares of Vanguard High Dividend Yield ETF by 2.1% during the 1st quarter. Petix & Botte Co now owns 25,429 shares of the company’s stock valued at $3,766,000 after purchasing an additional 522 shares in the last quarter. Finally, Manning & Napier Advisors LLC raised its holdings in shares of Vanguard High Dividend Yield ETF by 1.6% during the 1st quarter. Manning & Napier Advisors LLC now owns 43,558 shares of the company’s stock valued at $6,451,000 after purchasing an additional 669 shares in the last quarter.

Vanguard High Dividend Yield ETF Stock Performance

VYM stock opened at $161.06 on Monday. The firm has a market cap of $80.49 billion, a PE ratio of 17.79 and a beta of 0.73. Vanguard High Dividend Yield ETF has a 1 year low of $132.01 and a 1 year high of $161.46. The company has a fifty day simple moving average of $158.34 and a 200 day simple moving average of $153.20.

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.