Wealth Care LLC Makes New $6.99 Million Investment in Vanguard High Dividend Yield ETF $VYM

by · The Markets Daily

Wealth Care LLC purchased a new stake in Vanguard High Dividend Yield ETF (NYSEARCA:VYM – Free Report) during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 47,200 shares of the company’s stock, valued at approximately $6,990,000. Vanguard High Dividend Yield ETF makes up about 6.2% of Wealth Care LLC’s investment portfolio, making the stock its 6th largest holding.

Several other institutional investors and hedge funds also recently modified their holdings of the business. Auto Owners Insurance Co raised its position in shares of Vanguard High Dividend Yield ETF by 20,425.2% during the 4th 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 during the last quarter. BNP Paribas Financial Markets grew its holdings 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 buying an additional 696,944 shares during the last quarter. Wellington Management Group LLP grew its holdings 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 buying an additional 496,110 shares during the last quarter. AQR Capital Management LLC increased 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 worth $56,602,000 after buying an additional 359,136 shares in the last quarter. Finally, LPL Financial LLC increased 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 worth $978,823,000 after buying an additional 345,129 shares in the last quarter.

Vanguard High Dividend Yield ETF Stock Down 0.3%

NYSEARCA VYM opened at $158.03 on Wednesday. Vanguard High Dividend Yield ETF has a fifty-two week low of $132.01 and a fifty-two week high of $161.46. The stock has a market cap of $77.51 billion, a price-to-earnings ratio of 17.79 and a beta of 0.73. The business has a fifty day moving average of $157.52 and a 200-day moving average of $152.35.

Vanguard High Dividend Yield ETF Profile

(Free Report)

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.

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