Valmark Advisers Inc. Grows Stake in Vanguard High Dividend Yield ETF $VYM

Valmark Advisers Inc. boosted its holdings in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 7.6% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The firm owned 263,015 shares of the company’s stock after buying an additional 18,683 shares during the period. Valmark Advisers Inc. owned approximately 0.05% of Vanguard High Dividend Yield ETF worth $38,953,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Auto Owners Insurance Co grew its holdings in shares of Vanguard High Dividend Yield ETF by 20,425.2% during the fourth quarter. Auto Owners Insurance Co now owns 148,643,664 shares of the company’s stock worth $21,333,339,000 after purchasing an additional 147,919,464 shares in the last quarter. BNP Paribas Financial Markets raised its stake in Vanguard High Dividend Yield ETF by 17,493.6% in the fourth 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 in the last quarter. Wellington Management Group LLP raised its stake in Vanguard High Dividend Yield ETF by 493.0% in the third 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 in the last quarter. AQR Capital Management LLC lifted its position in Vanguard High Dividend Yield ETF by 846.2% during the third 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 last quarter. Finally, LPL Financial LLC lifted its position in Vanguard High Dividend Yield ETF by 5.3% during the fourth 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 last quarter.

Vanguard High Dividend Yield ETF Stock Up 0.3%

Shares of NYSEARCA VYM traded up $0.51 during mid-day trading on Friday, reaching $161.06. 1,354,307 shares of the company were exchanged, compared to its average volume of 1,491,928. Vanguard High Dividend Yield ETF has a 52 week low of $132.01 and a 52 week high of $161.46. The company’s 50 day moving average price is $158.34 and its 200 day moving average price is $153.14. The stock has a market capitalization of $80.49 billion, a PE ratio of 17.79 and a beta of 0.73.

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.