Vanguard High Dividend Yield ETF $VYM Stock: Rakuten Investment Management Inc. Raises Stake

Rakuten Investment Management Inc. grew its position in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 6.9% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,811,754 shares of the company’s stock after buying an additional 116,700 shares during the quarter. Vanguard High Dividend Yield ETF accounts for 0.7% of Rakuten Investment Management Inc.’s portfolio, making the stock its 15th largest position. Rakuten Investment Management Inc. owned about 0.36% of Vanguard High Dividend Yield ETF worth $283,485,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in VYM. Red Door Wealth Management LLC lifted its position in Vanguard High Dividend Yield ETF by 0.5% in the 2nd quarter. Red Door Wealth Management LLC now owns 12,471 shares of the company’s stock valued at $1,971,000 after acquiring an additional 63 shares in the last quarter. GRIMES & Co WEALTH MANAGEMENT LLC increased its holdings in shares of Vanguard High Dividend Yield ETF by 0.3% in the 2nd quarter. GRIMES & Co WEALTH MANAGEMENT LLC now owns 22,874 shares of the company’s stock worth $3,615,000 after purchasing an additional 63 shares in the last quarter. Mather Group LLC. increased its holdings in shares of Vanguard High Dividend Yield ETF by 0.4% in the 3rd quarter. Mather Group LLC. now owns 15,042 shares of the company’s stock worth $2,335,000 after purchasing an additional 63 shares in the last quarter. Cooper Financial Group increased its holdings in shares of Vanguard High Dividend Yield ETF by 2.8% in the 3rd quarter. Cooper Financial Group now owns 2,333 shares of the company’s stock worth $362,000 after purchasing an additional 64 shares in the last quarter. Finally, Endeavor Private Wealth Inc. raised its stake in shares of Vanguard High Dividend Yield ETF by 4.1% in the second quarter. Endeavor Private Wealth Inc. now owns 1,661 shares of the company’s stock worth $262,000 after purchasing an additional 65 shares during the last quarter.

Vanguard High Dividend Yield ETF Price Performance

VYM stock opened at $163.27 on Wednesday. The stock has a market capitalization of $83.10 billion, a P/E ratio of 17.79 and a beta of 0.72. Vanguard High Dividend Yield ETF has a 1-year low of $138.35 and a 1-year high of $167.61. The business has a fifty day moving average price of $160.83 and a 200-day moving average price of $157.29.

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.