Friday Financial Purchases 26,709 Shares of Vanguard High Dividend Yield ETF $VYM

Friday Financial lifted its position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 763.3% in the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 30,208 shares of the company’s stock after acquiring an additional 26,709 shares during the quarter. Vanguard High Dividend Yield ETF makes up about 0.9% of Friday Financial’s holdings, making the stock its 23rd biggest holding. Friday Financial’s holdings in Vanguard High Dividend Yield ETF were worth $4,693,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Red Door Wealth Management LLC grew its position in Vanguard High Dividend Yield ETF by 0.5% during the 2nd quarter. Red Door Wealth Management LLC now owns 12,471 shares of the company’s stock worth $1,971,000 after purchasing an additional 63 shares in the last quarter. GRIMES & Co WEALTH MANAGEMENT LLC boosted its position in shares of Vanguard High Dividend Yield ETF by 0.3% in the second quarter. GRIMES & Co WEALTH MANAGEMENT LLC now owns 22,874 shares of the company’s stock worth $3,615,000 after buying an additional 63 shares during the period. Cooper Financial Group boosted its position in shares of Vanguard High Dividend Yield ETF by 2.8% in the third quarter. Cooper Financial Group now owns 2,333 shares of the company’s stock worth $362,000 after buying an additional 64 shares during the period. Endeavor Private Wealth Inc. grew its holdings in shares of Vanguard High Dividend Yield ETF by 4.1% during the second quarter. Endeavor Private Wealth Inc. now owns 1,661 shares of the company’s stock valued at $262,000 after buying an additional 65 shares in the last quarter. Finally, Blue Trust Inc. grew its holdings in shares of Vanguard High Dividend Yield ETF by 2.7% during the first quarter. Blue Trust Inc. now owns 2,513 shares of the company’s stock valued at $372,000 after buying an additional 66 shares in the last quarter.

Vanguard High Dividend Yield ETF Trading Up 0.3%

NYSEARCA:VYM opened at $158.75 on Friday. The business’s fifty day moving average price is $162.08 and its 200 day moving average price is $158.56. The firm has a market capitalization of $80.80 billion, a price-to-earnings ratio of 17.79 and a beta of 0.73. Vanguard High Dividend Yield ETF has a 1-year low of $137.42 and a 1-year 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.