Vanguard High Dividend Yield ETF $VYM Stock: Riverbend Wealth Management LLC Boosts Holdings

Riverbend Wealth Management LLC increased its position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 34.2% in the third quarter, Holdings Channel reports. The firm owned 27,578 shares of the company’s stock after purchasing an additional 7,034 shares during the quarter. Vanguard High Dividend Yield ETF accounts for 1.9% of Riverbend Wealth Management LLC’s holdings, making the stock its 9th biggest holding. Riverbend Wealth Management LLC’s holdings in Vanguard High Dividend Yield ETF were worth $4,280,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. KOM Wealth Management Group LLC grew its position in shares of Vanguard High Dividend Yield ETF by 5.0% in the 3rd quarter. KOM Wealth Management Group LLC now owns 3,584 shares of the company’s stock worth $556,000 after acquiring an additional 171 shares in the last quarter. Columbia Advisory Partners LLC raised its holdings in shares of Vanguard High Dividend Yield ETF by 13.4% during the third quarter. Columbia Advisory Partners LLC now owns 1,644 shares of the company’s stock worth $255,000 after purchasing an additional 194 shares during the period. R2 Capital Strategies LLC raised its holdings in shares of Vanguard High Dividend Yield ETF by 2.0% during the third quarter. R2 Capital Strategies LLC now owns 79,839 shares of the company’s stock worth $12,391,000 after purchasing an additional 1,536 shares during the period. Saxony Capital Management LLC lifted its position in shares of Vanguard High Dividend Yield ETF by 12.3% in the 3rd quarter. Saxony Capital Management LLC now owns 7,963 shares of the company’s stock worth $1,236,000 after buying an additional 872 shares during the last quarter. Finally, WealthPLAN Partners LLC lifted its position in shares of Vanguard High Dividend Yield ETF by 2.5% in the 3rd quarter. WealthPLAN Partners LLC now owns 47,473 shares of the company’s stock worth $7,368,000 after buying an additional 1,164 shares during the last quarter.

Vanguard High Dividend Yield ETF Stock Performance

NYSEARCA VYM opened at $159.97 on Friday. Vanguard High Dividend Yield ETF has a one year low of $138.35 and a one year high of $167.61. The company has a 50-day simple moving average of $161.67 and a 200-day simple moving average of $158.99. The firm has a market capitalization of $81.42 billion, a PE ratio of 17.79 and a beta of 0.73.

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.