Factor Wealth Management LTD Sells 5,280 Shares of Vanguard High Dividend Yield ETF $VYM

Factor Wealth Management LTD cut its holdings in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 45.5% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 6,330 shares of the company’s stock after selling 5,280 shares during the quarter. Factor Wealth Management LTD’s holdings in Vanguard High Dividend Yield ETF were worth $1,000,000 at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in the business. Auto Owners Insurance Co lifted its position in Vanguard High Dividend Yield ETF by 20,425.2% during the 4th quarter. Auto Owners Insurance Co now owns 148,643,664 shares of the company’s stock worth $21,333,339,000 after buying an additional 147,919,464 shares in the last quarter. Bank of America Corp DE increased its position in Vanguard High Dividend Yield ETF by 1.8% in the 1st quarter. Bank of America Corp DE now owns 12,758,401 shares of the company’s stock valued at $1,889,519,000 after acquiring an additional 229,521 shares in the last quarter. Morgan Stanley raised its stake in shares of Vanguard High Dividend Yield ETF by 1.6% in the fourth quarter. Morgan Stanley now owns 10,202,996 shares of the company’s stock worth $1,464,334,000 after acquiring an additional 161,311 shares during the last quarter. Raymond James Financial Inc. raised its stake in shares of Vanguard High Dividend Yield ETF by 3.7% in the fourth quarter. Raymond James Financial Inc. now owns 7,720,006 shares of the company’s stock worth $1,107,975,000 after acquiring an additional 274,754 shares during the last quarter. Finally, LPL Financial LLC raised its stake in shares of Vanguard High Dividend Yield ETF by 5.3% in the fourth quarter. LPL Financial LLC now owns 6,820,119 shares of the company’s stock worth $978,823,000 after acquiring an additional 345,129 shares during the last quarter.

Vanguard High Dividend Yield ETF Trading Down 0.2%

Shares of VYM stock opened at $164.77 on Friday. Vanguard High Dividend Yield ETF has a 1 year low of $134.09 and a 1 year high of $166.06. The firm’s 50 day moving average is $160.27 and its 200-day moving average is $155.34. The firm has a market capitalization of $82.34 billion, a price-to-earnings ratio of 17.79 and a beta of 0.73.

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.