Vanguard High Dividend Yield ETF $VYM Shares Sold by Arrowroot Family Office LLC

Arrowroot Family Office LLC trimmed its stake in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 18.4% in the fourth quarter, Holdings Channel reports. The fund owned 18,260 shares of the company’s stock after selling 4,118 shares during the period. Vanguard High Dividend Yield ETF accounts for about 1.0% of Arrowroot Family Office LLC’s portfolio, making the stock its 28th biggest position. Arrowroot Family Office LLC’s holdings in Vanguard High Dividend Yield ETF were worth $2,621,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in VYM. Brighton Jones LLC lifted its position in Vanguard High Dividend Yield ETF by 23.3% in the fourth quarter. Brighton Jones LLC now owns 16,836 shares of the company’s stock valued at $2,148,000 after purchasing an additional 3,177 shares during the period. AQR Capital Management LLC lifted its stake in shares of Vanguard High Dividend Yield ETF by 314.5% in the first quarter. AQR Capital Management LLC now owns 28,618 shares of the company’s stock valued at $3,690,000 after purchasing an additional 21,713 shares during the period. Russell Investments Group Ltd. lifted its stake in shares of Vanguard High Dividend Yield ETF by 245.7% in the second quarter. Russell Investments Group Ltd. now owns 3,519 shares of the company’s stock valued at $469,000 after purchasing an additional 2,501 shares during the period. First Trust Advisors LP lifted its stake in shares of Vanguard High Dividend Yield ETF by 42.7% in the second quarter. First Trust Advisors LP now owns 18,568 shares of the company’s stock valued at $2,475,000 after purchasing an additional 5,556 shares during the period. Finally, Gamco Investors INC. ET AL acquired a new stake in shares of Vanguard High Dividend Yield ETF in the second quarter valued at about $1,066,000.

Vanguard High Dividend Yield ETF Stock Down 1.3%

Shares of NYSEARCA VYM opened at $158.24 on Friday. Vanguard High Dividend Yield ETF has a 52 week low of $129.11 and a 52 week high of $161.29. The firm has a 50-day moving average price of $154.63 and a 200 day moving average price of $150.43. The stock has a market capitalization of $77.61 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.