Vanguard High Dividend Yield ETF $VYM Stock: SBI Securities Co. Ltd. Grows Stake

SBI Securities Co. Ltd. raised its stake in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 0.8% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 584,602 shares of the company’s stock after buying an additional 4,651 shares during the period. Vanguard High Dividend Yield ETF comprises 2.1% of SBI Securities Co. Ltd.’s holdings, making the stock its 11th largest position. SBI Securities Co. Ltd.’s holdings in Vanguard High Dividend Yield ETF were worth $90,730,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently added to or reduced their stakes in VYM. Cypress Wealth Services LLC increased its stake in shares of Vanguard High Dividend Yield ETF by 1.8% in the 3rd quarter. Cypress Wealth Services LLC now owns 45,567 shares of the company’s stock valued at $7,216,000 after acquiring an additional 790 shares during the last quarter. Crescent Grove Advisors LLC raised its position in shares of Vanguard High Dividend Yield ETF by 2.2% in the 3rd quarter. Crescent Grove Advisors LLC now owns 83,697 shares of the company’s stock valued at $12,990,000 after acquiring an additional 1,799 shares during the period. Cardinal Point Capital Management ULC boosted its stake in Vanguard High Dividend Yield ETF by 35.5% during the 3rd quarter. Cardinal Point Capital Management ULC now owns 2,984 shares of the company’s stock worth $463,000 after acquiring an additional 781 shares during the last quarter. Catalyst Investment Management LLC boosted its stake in Vanguard High Dividend Yield ETF by 3.5% during the 3rd quarter. Catalyst Investment Management LLC now owns 41,702 shares of the company’s stock worth $6,472,000 after acquiring an additional 1,404 shares during the last quarter. Finally, Wavvest Wealth LLC bought a new position in Vanguard High Dividend Yield ETF during the 3rd quarter worth approximately $457,000.

Vanguard High Dividend Yield ETF Stock Performance

Shares of NYSEARCA VYM opened at $162.60 on Friday. The stock has a market cap of $82.76 billion, a P/E ratio of 17.79 and a beta of 0.73. The firm has a 50 day moving average price of $161.14 and a 200 day moving average price of $159.47. Vanguard High Dividend Yield ETF has a 52-week low of $138.35 and a 52-week high of $167.61.

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.