Focus Financial Network Inc. Trims Holdings in Vanguard High Dividend Yield ETF $VYM

Focus Financial Network Inc. lowered its stake in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 7.8% in the second quarter, according to its most recent 13F filing with the SEC. The firm owned 220,387 shares of the company’s stock after selling 18,690 shares during the period. Vanguard High Dividend Yield ETF makes up approximately 1.1% of Focus Financial Network Inc.’s investment portfolio, making the stock its 17th largest position. Focus Financial Network Inc.’s holdings in Vanguard High Dividend Yield ETF were worth $34,828,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in VYM. Brighton Jones LLC lifted its stake in Vanguard High Dividend Yield ETF by 23.3% during the fourth quarter. Brighton Jones LLC now owns 16,836 shares of the company’s stock worth $2,148,000 after purchasing an additional 3,177 shares in the last quarter. AQR Capital Management LLC grew its stake in shares of Vanguard High Dividend Yield ETF by 314.5% in the first quarter. AQR Capital Management LLC now owns 28,618 shares of the company’s stock valued at $3,690,000 after buying an additional 21,713 shares in the last quarter. Russell Investments Group Ltd. grew its stake in shares of Vanguard High Dividend Yield ETF by 245.7% in the second quarter. Russell Investments Group Ltd. now owns 3,519 shares of the company’s stock valued at $469,000 after buying an additional 2,501 shares in the last quarter. First Trust Advisors LP raised its holdings in shares of Vanguard High Dividend Yield ETF by 42.7% in the 2nd quarter. First Trust Advisors LP now owns 18,568 shares of the company’s stock valued at $2,475,000 after buying an additional 5,556 shares during the period. Finally, Gamco Investors INC. ET AL purchased a new stake in shares of Vanguard High Dividend Yield ETF in the 2nd quarter valued at $1,066,000.

Vanguard High Dividend Yield ETF Stock Performance

VYM opened at $165.63 on Monday. The stock’s 50-day moving average price is $160.40 and its 200 day moving average price is $155.46. Vanguard High Dividend Yield ETF has a 12-month low of $134.82 and a 12-month high of $166.06. The firm has a market cap of $82.77 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.