Steel Grove Capital Advisors LLC Invests $4.39 Million in Vanguard High Dividend Yield ETF $VYM

Steel Grove Capital Advisors LLC acquired a new stake in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 30,606 shares of the company’s stock, valued at approximately $4,393,000. Vanguard High Dividend Yield ETF accounts for 0.5% of Steel Grove Capital Advisors LLC’s portfolio, making the stock its 24th biggest position.

A number of other hedge funds have also made changes to their positions in the stock. Raymond James Financial Inc. increased its stake in shares of Vanguard High Dividend Yield ETF by 2.4% during the second quarter. Raymond James Financial Inc. now owns 7,491,066 shares of the company’s stock valued at $998,634,000 after acquiring an additional 178,904 shares during the period. Ameriprise Financial Inc. increased its stake in shares of Vanguard High Dividend Yield ETF by 1.6% during the third quarter. Ameriprise Financial Inc. now owns 4,019,262 shares of the company’s stock valued at $566,458,000 after acquiring an additional 64,127 shares during the period. Mercer Global Advisors Inc. ADV increased its stake in shares of Vanguard High Dividend Yield ETF by 6.3% during the third quarter. Mercer Global Advisors Inc. ADV now owns 2,646,199 shares of the company’s stock valued at $372,979,000 after acquiring an additional 157,950 shares during the period. Jones Financial Companies Lllp raised its position in Vanguard High Dividend Yield ETF by 9.3% in the third quarter. Jones Financial Companies Lllp now owns 2,343,326 shares of the company’s stock worth $329,904,000 after acquiring an additional 200,130 shares in the last quarter. Finally, Vantagepoint Investment Advisers LLC raised its position in Vanguard High Dividend Yield ETF by 3.0% in the fourth quarter. Vantagepoint Investment Advisers LLC now owns 2,314,911 shares of the company’s stock worth $332,236,000 after acquiring an additional 68,167 shares in the last quarter.

Vanguard High Dividend Yield ETF Trading Down 0.0%

Shares of Vanguard High Dividend Yield ETF stock opened at $158.68 on Wednesday. Vanguard High Dividend Yield ETF has a 52 week low of $127.64 and a 52 week high of $159.68. The company’s 50-day moving average price is $152.75 and its two-hundred day moving average price is $149.46. The stock has a market cap of $77.83 billion, a PE 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.