Beto Financial Group LLC Makes New $1.63 Million Investment in Vanguard High Dividend Yield ETF $VYM

Beto Financial Group LLC bought a new position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 10,799 shares of the company’s stock, valued at approximately $1,631,000. Vanguard High Dividend Yield ETF comprises about 1.1% of Beto Financial Group LLC’s investment portfolio, making the stock its 20th largest position.

Several other hedge funds and other institutional investors also recently modified their holdings of VYM. BNP Paribas Financial Markets increased its position in shares of Vanguard High Dividend Yield ETF by 17,493.6% in the 4th quarter. BNP Paribas Financial Markets now owns 700,928 shares of the company’s stock worth $100,597,000 after purchasing an additional 696,944 shares during the last quarter. Cornerstone Planning Group LLC boosted its holdings in shares of Vanguard High Dividend Yield ETF by 57,021.7% in the 3rd quarter. Cornerstone Planning Group LLC now owns 526,662 shares of the company’s stock valued at $74,233,000 after buying an additional 525,740 shares during the period. Wellington Management Group LLP grew its position in shares of 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 grew its position in shares of Vanguard High Dividend Yield ETF by 846.2% during the 3rd quarter. AQR Capital Management LLC now owns 401,576 shares of the company’s stock valued at $56,602,000 after buying an additional 359,136 shares during the last quarter. Finally, Axxcess Wealth Management LLC grew its position in shares of Vanguard High Dividend Yield ETF by 3,723.9% during the 4th quarter. Axxcess Wealth Management LLC now owns 296,771 shares of the company’s stock valued at $42,592,000 after buying an additional 289,010 shares during the last quarter.

Vanguard High Dividend Yield ETF Price Performance

Shares of NYSEARCA:VYM opened at $159.19 on Tuesday. Vanguard High Dividend Yield ETF has a fifty-two week low of $127.92 and a fifty-two week high of $159.68. The firm has a 50-day simple moving average of $153.57 and a 200 day simple moving average of $149.97. The company has a market cap of $78.08 billion, a PE ratio of 17.79 and a beta of 0.73.

Vanguard High Dividend Yield ETF Company 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.