Evolve Private Wealth LLC Invests $3.16 Million in Vanguard High Dividend Yield ETF $VYM

Evolve Private Wealth LLC purchased a new position in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 22,046 shares of the company’s stock, valued at approximately $3,164,000.

Other institutional investors have also recently added to or reduced their stakes in the company. BNP Paribas Financial Markets lifted its position in Vanguard High Dividend Yield ETF by 17,493.6% during the 4th quarter. BNP Paribas Financial Markets now owns 700,928 shares of the company’s stock worth $100,597,000 after acquiring an additional 696,944 shares during the period. Wellington Management Group LLP increased its holdings in shares of Vanguard High Dividend Yield ETF by 493.0% in the third quarter. Wellington Management Group LLP now owns 596,737 shares of the company’s stock valued at $84,110,000 after purchasing an additional 496,110 shares during the period. AQR Capital Management LLC raised its stake in shares of Vanguard High Dividend Yield ETF by 846.2% during the third quarter. AQR Capital Management LLC now owns 401,576 shares of the company’s stock worth $56,602,000 after purchasing an additional 359,136 shares during the last quarter. LPL Financial LLC raised its stake in shares of Vanguard High Dividend Yield ETF by 5.3% during the fourth quarter. LPL Financial LLC now owns 6,820,119 shares of the company’s stock worth $978,823,000 after purchasing an additional 345,129 shares during the last quarter. Finally, Focus Partners Wealth lifted its holdings in shares of Vanguard High Dividend Yield ETF by 175.4% during the fourth quarter. Focus Partners Wealth now owns 521,283 shares of the company’s stock worth $74,815,000 after purchasing an additional 332,031 shares during the period.

Vanguard High Dividend Yield ETF Price Performance

NYSEARCA:VYM opened at $159.08 on Thursday. The firm has a market cap of $78.02 billion, a price-to-earnings ratio of 17.79 and a beta of 0.73. The firm’s fifty day moving average price is $156.51 and its 200 day moving average price is $151.51. Vanguard High Dividend Yield ETF has a 1-year low of $129.11 and a 1-year high of $161.46.

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.