Vanguard High Dividend Yield ETF $VYM Shares Purchased by Northwestern Mutual Wealth Management Co.

Northwestern Mutual Wealth Management Co. boosted its holdings in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 10.3% during the 2nd quarter, Holdings Channel.com reports. The fund owned 381,117 shares of the company’s stock after purchasing an additional 35,440 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in Vanguard High Dividend Yield ETF were worth $60,228,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently bought and sold shares of VYM. PayPay Securities Corp raised its holdings in shares of Vanguard High Dividend Yield ETF by 75.8% in the 1st 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. Lloyd Advisory Services LLC. bought a new stake in Vanguard High Dividend Yield ETF during the fourth quarter worth approximately $25,000. LRI Investments LLC grew its position in Vanguard High Dividend Yield ETF by 400.0% in the fourth quarter. LRI Investments LLC now owns 250 shares of the company’s stock worth $36,000 after buying an additional 200 shares during the last quarter. Resources Management Corp CT ADV bought a new position in shares of Vanguard High Dividend Yield ETF in the fourth quarter valued at $40,000. Finally, IFC & Insurance Marketing Inc. acquired a new stake in shares of Vanguard High Dividend Yield ETF during the 4th quarter valued at $40,000.

Vanguard High Dividend Yield ETF Stock Down 0.3%

Shares of NYSEARCA VYM opened at $163.31 on Wednesday. The stock has a market capitalization of $81.61 billion, a price-to-earnings ratio of 17.79 and a beta of 0.73. The stock’s fifty day simple moving average is $162.45 and its 200 day simple moving average is $157.16. Vanguard High Dividend Yield ETF has a 52-week low of $137.42 and a 52-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.