Howe & Rusling Inc. Boosts Position in Vanguard High Dividend Yield ETF $VYM

Howe & Rusling Inc. increased its stake in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 59.0% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 147,512 shares of the company’s stock after acquiring an additional 54,739 shares during the quarter. Vanguard High Dividend Yield ETF comprises 1.4% of Howe & Rusling Inc.’s holdings, making the stock its 19th largest position. Howe & Rusling Inc.’s holdings in Vanguard High Dividend Yield ETF were worth $21,171,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in VYM. BNP Paribas Financial Markets increased 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 valued at $100,597,000 after purchasing an additional 696,944 shares during the period. Wellington Management Group LLP increased its position in Vanguard High Dividend Yield ETF by 493.0% during the 3rd 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 increased its position in Vanguard High Dividend Yield ETF by 846.2% during the 3rd quarter. AQR Capital Management LLC now owns 401,576 shares of the company’s stock valued at $56,602,000 after purchasing an additional 359,136 shares during the period. LPL Financial LLC increased its position in Vanguard High Dividend Yield ETF by 5.3% during the 4th quarter. LPL Financial LLC now owns 6,820,119 shares of the company’s stock valued at $978,823,000 after purchasing an additional 345,129 shares during the period. Finally, Focus Partners Wealth increased its position in Vanguard High Dividend Yield ETF by 175.4% during the 4th quarter. Focus Partners Wealth now owns 521,283 shares of the company’s stock valued at $74,815,000 after purchasing an additional 332,031 shares during the period.

Vanguard High Dividend Yield ETF Stock Performance

NYSEARCA VYM opened at $160.42 on Wednesday. The company has a market capitalization of $78.68 billion, a price-to-earnings ratio of 17.79 and a beta of 0.73. The company’s 50-day simple moving average is $156.30 and its two-hundred day simple moving average is $151.41. Vanguard High Dividend Yield ETF has a one year low of $129.11 and a one year high of $161.33.

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.