Gateway Wealth Partners LLC Increases Stock Holdings in Vanguard High Dividend Yield ETF $VYM

Gateway Wealth Partners LLC grew its stake in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 959.5% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 122,539 shares of the company’s stock after purchasing an additional 110,973 shares during the period. Vanguard High Dividend Yield ETF makes up approximately 0.7% of Gateway Wealth Partners LLC’s portfolio, making the stock its 27th biggest holding. Gateway Wealth Partners LLC’s holdings in Vanguard High Dividend Yield ETF were worth $18,148,000 at the end of the most recent reporting period.

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

Vanguard High Dividend Yield ETF Stock Performance

Shares of VYM opened at $162.23 on Monday. Vanguard High Dividend Yield ETF has a 1 year low of $132.01 and a 1 year high of $162.69. The company’s 50 day simple moving average is $159.25 and its 200 day simple moving average is $154.33. The company has a market capitalization of $81.07 billion, a price-to-earnings ratio of 17.79 and a beta of 0.73.

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.