BNP Paribas Financial Markets Buys 696,944 Shares of Vanguard High Dividend Yield ETF $VYM

BNP Paribas Financial Markets increased its stake in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 17,493.6% during the fourth quarter, Holdings Channel reports. The firm owned 700,928 shares of the company’s stock after acquiring an additional 696,944 shares during the period. BNP Paribas Financial Markets’ holdings in Vanguard High Dividend Yield ETF were worth $100,597,000 at the end of the most recent reporting period.

A number of other hedge funds also recently modified their holdings of the stock. Raymond James Financial Inc. increased its position in shares of Vanguard High Dividend Yield ETF by 2.4% in the second quarter. Raymond James Financial Inc. now owns 7,491,066 shares of the company’s stock worth $998,634,000 after purchasing an additional 178,904 shares during the period. Ameriprise Financial Inc. increased its position in shares of Vanguard High Dividend Yield ETF by 1.6% in the third quarter. Ameriprise Financial Inc. now owns 4,019,262 shares of the company’s stock worth $566,458,000 after purchasing an additional 64,127 shares during the period. Mercer Global Advisors Inc. ADV increased its position in shares of Vanguard High Dividend Yield ETF by 6.3% in the third quarter. Mercer Global Advisors Inc. ADV now owns 2,646,199 shares of the company’s stock worth $372,979,000 after purchasing an additional 157,950 shares during the period. Jones Financial Companies Lllp increased its position in shares of 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 purchasing an additional 200,130 shares during the period. Finally, Vantagepoint Investment Advisers LLC increased its position in shares of 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 purchasing an additional 68,167 shares during the period.

Vanguard High Dividend Yield ETF Stock Performance

Shares of NYSEARCA VYM opened at $159.19 on Monday. Vanguard High Dividend Yield ETF has a 52 week low of $127.64 and a 52 week high of $159.68. The stock has a market capitalization of $78.08 billion, a P/E ratio of 17.79 and a beta of 0.73. The stock’s fifty day moving average is $153.34 and its 200 day moving average is $149.85.

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.