Gallagher Fiduciary Advisors LLC Sells 8,751,927 Shares of Vanguard High Dividend Yield ETF $VYM

Gallagher Fiduciary Advisors LLC cut its stake in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 99.3% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 59,954 shares of the company’s stock after selling 8,751,927 shares during the period. Vanguard High Dividend Yield ETF makes up 0.3% of Gallagher Fiduciary Advisors LLC’s holdings, making the stock its 21st largest position. Gallagher Fiduciary Advisors LLC’s holdings in Vanguard High Dividend Yield ETF were worth $9,475,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of VYM. Auto Owners Insurance Co raised its position in Vanguard High Dividend Yield ETF by 20,425.2% in the 4th quarter. Auto Owners Insurance Co now owns 148,643,664 shares of the company’s stock valued at $21,333,339,000 after buying an additional 147,919,464 shares during the last quarter. Bank of America Corp DE lifted its stake in Vanguard High Dividend Yield ETF by 1.8% in the 1st quarter. Bank of America Corp DE now owns 12,758,401 shares of the company’s stock valued at $1,889,519,000 after acquiring an additional 229,521 shares in the last quarter. Morgan Stanley boosted its position in Vanguard High Dividend Yield ETF by 1.6% during the 4th quarter. Morgan Stanley now owns 10,202,996 shares of the company’s stock worth $1,464,334,000 after acquiring an additional 161,311 shares during the last quarter. Raymond James Financial Inc. boosted its position in Vanguard High Dividend Yield ETF by 3.7% during the 4th quarter. Raymond James Financial Inc. now owns 7,720,006 shares of the company’s stock worth $1,107,975,000 after acquiring an additional 274,754 shares during the last quarter. Finally, LPL Financial LLC grew its stake in shares of Vanguard High Dividend Yield ETF by 5.3% during the 4th quarter. LPL Financial LLC now owns 6,820,119 shares of the company’s stock worth $978,823,000 after acquiring an additional 345,129 shares in the last quarter.

Vanguard High Dividend Yield ETF Stock Down 0.2%

NYSEARCA VYM opened at $164.84 on Wednesday. Vanguard High Dividend Yield ETF has a 12-month low of $137.42 and a 12-month high of $167.61. The company has a market capitalization of $82.38 billion, a PE ratio of 17.79 and a beta of 0.73. The firm’s 50 day moving average is $161.88 and its 200-day moving average is $156.84.

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.