PFG Advisors Boosts Stock Holdings in Vanguard High Dividend Yield ETF $VYM

PFG Advisors lifted its position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 14.9% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 157,118 shares of the company’s stock after purchasing an additional 20,397 shares during the period. Vanguard High Dividend Yield ETF comprises about 1.3% of PFG Advisors’ portfolio, making the stock its 16th biggest holding. PFG Advisors’ holdings in Vanguard High Dividend Yield ETF were worth $24,829,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Red Door Wealth Management LLC grew its position in Vanguard High Dividend Yield ETF by 0.5% during the second quarter. Red Door Wealth Management LLC now owns 12,471 shares of the company’s stock valued at $1,971,000 after buying an additional 63 shares during the period. Ballast Advisors LLC raised its position in shares of Vanguard High Dividend Yield ETF by 8.2% in the fourth quarter. Ballast Advisors LLC now owns 868 shares of the company’s stock worth $125,000 after acquiring an additional 66 shares during the period. Blue Trust Inc. raised its position in shares of Vanguard High Dividend Yield ETF by 2.7% in the first quarter. Blue Trust Inc. now owns 2,513 shares of the company’s stock worth $372,000 after acquiring an additional 66 shares during the period. Abound Wealth Management boosted its stake in shares of Vanguard High Dividend Yield ETF by 6.7% during the 2nd quarter. Abound Wealth Management now owns 1,113 shares of the company’s stock worth $176,000 after acquiring an additional 70 shares in the last quarter. Finally, L.K. Benson & Company P.C. boosted its stake in shares of Vanguard High Dividend Yield ETF by 2.4% during the 4th quarter. L.K. Benson & Company P.C. now owns 3,053 shares of the company’s stock worth $438,000 after acquiring an additional 72 shares in the last quarter.

Vanguard High Dividend Yield ETF Stock Down 0.3%

NYSEARCA:VYM opened at $166.52 on Friday. Vanguard High Dividend Yield ETF has a 52 week low of $136.71 and a 52 week high of $167.61. The stock has a market capitalization of $83.22 billion, a PE ratio of 17.79 and a beta of 0.73. The stock’s 50-day moving average price is $161.06 and its 200-day moving average price is $156.06.

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.