Axxcess Wealth Management LLC Has $10.99 Million Stock Holdings in Vanguard High Dividend Yield ETF $VYM

Axxcess Wealth Management LLC raised its stake in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 886.3% in the 4th quarter, HoldingsChannel reports. The firm owned 76,550 shares of the company’s stock after acquiring an additional 68,789 shares during the quarter. Axxcess Wealth Management LLC’s holdings in Vanguard High Dividend Yield ETF were worth $10,986,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in VYM. Asempa Wealth Advisors acquired a new position in Vanguard High Dividend Yield ETF during the 4th quarter worth approximately $880,000. Commons Capital LLC boosted its holdings in Vanguard High Dividend Yield ETF by 32.0% in the fourth quarter. Commons Capital LLC now owns 25,380 shares of the company’s stock worth $3,642,000 after acquiring an additional 6,154 shares in the last quarter. Concurrent Investment Advisors LLC grew its stake in Vanguard High Dividend Yield ETF by 9.2% in the fourth quarter. Concurrent Investment Advisors LLC now owns 180,798 shares of the company’s stock valued at $25,948,000 after acquiring an additional 15,173 shares during the period. Accredited Wealth Management LLC grew its stake in Vanguard High Dividend Yield ETF by 10,426.4% in the third quarter. Accredited Wealth Management LLC now owns 54,316 shares of the company’s stock valued at $73,000 after acquiring an additional 53,800 shares during the period. Finally, Fiduciary Group LLC increased its holdings in shares of Vanguard High Dividend Yield ETF by 13.4% during the third quarter. Fiduciary Group LLC now owns 41,961 shares of the company’s stock valued at $5,914,000 after acquiring an additional 4,945 shares in the last quarter.

Vanguard High Dividend Yield ETF Stock Down 0.5%

NYSEARCA VYM opened at $158.21 on Friday. Vanguard High Dividend Yield ETF has a 52 week low of $129.11 and a 52 week high of $161.46. The business has a 50 day moving average price of $156.69 and a 200-day moving average price of $151.60. The company has a market cap of $77.60 billion, a price-to-earnings ratio of 17.79 and a beta of 0.73.

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.