Northwestern Mutual Wealth Management Co. Has $46.37 Million Stock Position in Vanguard High Dividend Yield ETF $VYM

Northwestern Mutual Wealth Management Co. lifted its stake in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 5.9% during the 4th quarter, HoldingsChannel.com reports. The firm owned 323,090 shares of the company’s stock after buying an additional 18,084 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in Vanguard High Dividend Yield ETF were worth $46,370,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of VYM. Brighton Jones LLC grew its holdings in shares of Vanguard High Dividend Yield ETF by 23.3% during the 4th quarter. Brighton Jones LLC now owns 16,836 shares of the company’s stock worth $2,148,000 after purchasing an additional 3,177 shares in the last quarter. AQR Capital Management LLC grew its holdings in shares of Vanguard High Dividend Yield ETF by 314.5% during the 1st quarter. AQR Capital Management LLC now owns 28,618 shares of the company’s stock worth $3,690,000 after purchasing an additional 21,713 shares in the last quarter. Russell Investments Group Ltd. grew its holdings in shares of Vanguard High Dividend Yield ETF by 245.7% during the 2nd quarter. Russell Investments Group Ltd. now owns 3,519 shares of the company’s stock worth $469,000 after purchasing an additional 2,501 shares in the last quarter. First Trust Advisors LP grew its holdings in shares of Vanguard High Dividend Yield ETF by 42.7% during the 2nd quarter. First Trust Advisors LP now owns 18,568 shares of the company’s stock worth $2,475,000 after purchasing an additional 5,556 shares in the last quarter. Finally, Gamco Investors INC. ET AL acquired a new stake in shares of Vanguard High Dividend Yield ETF during the 2nd quarter worth $1,066,000.

Vanguard High Dividend Yield ETF Stock Performance

VYM opened at $159.19 on Friday. The firm has a market cap of $78.08 billion, a P/E ratio of 17.79 and a beta of 0.73. Vanguard High Dividend Yield ETF has a 52-week low of $127.64 and a 52-week high of $159.68. The business’s fifty day moving average is $153.34 and its 200-day moving average is $149.79.

About Vanguard High Dividend Yield ETF

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.