Vanguard High Dividend Yield ETF $VYM Shares Sold by Tenon Financial LLC

Tenon Financial LLC lessened its stake in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 59.6% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 2,569 shares of the company’s stock after selling 3,787 shares during the quarter. Tenon Financial LLC’s holdings in Vanguard High Dividend Yield ETF were worth $399,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. Auto Owners Insurance Co grew its position in Vanguard High Dividend Yield ETF by 20,425.2% in the fourth quarter. Auto Owners Insurance Co now owns 148,643,664 shares of the company’s stock valued at $21,333,339,000 after acquiring an additional 147,919,464 shares in the last quarter. Bank of America Corp DE raised its stake in shares of Vanguard High Dividend Yield ETF by 1.8% during the first quarter. Bank of America Corp DE now owns 12,758,401 shares of the company’s stock valued at $1,889,519,000 after purchasing an additional 229,521 shares during the period. Envestnet Asset Management Inc. lifted its position in shares of Vanguard High Dividend Yield ETF by 4.7% during the second quarter. Envestnet Asset Management Inc. now owns 3,613,813 shares of the company’s stock worth $571,091,000 after purchasing an additional 162,084 shares in the last quarter. Cetera Investment Advisers lifted its position in shares of Vanguard High Dividend Yield ETF by 2.1% during the first quarter. Cetera Investment Advisers now owns 2,699,936 shares of the company’s stock worth $399,861,000 after purchasing an additional 54,785 shares in the last quarter. Finally, Janney Montgomery Scott LLC lifted its position in shares of Vanguard High Dividend Yield ETF by 1.9% during the first quarter. Janney Montgomery Scott LLC now owns 1,949,873 shares of the company’s stock worth $288,776,000 after purchasing an additional 36,434 shares in the last quarter.

Vanguard High Dividend Yield ETF Stock Performance

Shares of VYM stock traded down $0.05 on Wednesday, hitting $159.06. The stock had a trading volume of 1,062,165 shares, compared to its average volume of 1,371,705. The firm has a market capitalization of $80.95 billion, a price-to-earnings ratio of 17.79 and a beta of 0.73. The stock’s 50 day moving average is $161.77 and its 200-day moving average is $158.89. Vanguard High Dividend Yield ETF has a 52-week low of $138.35 and a 52-week high of $167.61.

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.