Vanguard High Dividend Yield ETF Sees Increased Interest from Hedge Funds
Recent 13F Filings Show Fund Managers Aligning on VYM Holdings
At Holdings Channel, we’ve analyzed the latest 13F filings for the quarter ending September 30, 2024. We found that the Vanguard Whitehall Funds High Dividend Yield ETF Shs (Symbol: VYM) is held by 13 different hedge funds. When such a pattern emerges among fund managers, it’s worth diving deeper into the details.
It’s essential to note that 13F filings have limitations. These documents only disclose a fund’s long positions to the SEC, which means short positions may remain hidden. For instance, a fund might have a short position alongside a long stake, giving the impression of bullishness when the full picture could suggest bearishness. This discrepancy can lead to misunderstandings based solely on 13F data.
Despite this, examining groups of 13F filings can be insightful, particularly when comparing the current positions with those from prior periods. Let’s take a closer look at how the holdings in VYM changed between the last two reporting periods.
In terms of share ownership, 7 funds increased their positions in VYM from June 30, 2024, to September 30, 2024, while 1 fund reduced its stake.
Expanding our analysis, we calculated the total VYM shares held by all funds reporting on September 30, 2024, out of 2,447 we examined. We compared this figure to the total shares held on June 30, 2024. Overall, funds have increased their aggregate holdings by 93,124 shares, growing from 56,853,699 to 56,946,823—an increase of approximately 0.16%. The top three funds holding VYM as of September 30, 2024, were:
We will continue to monitor 13F filings by hedge funds and share relevant stories gathered from these collective insights. While reviewing individual filings can sometimes be misleading, looking at the total across groups of funds highlights significant trends that can lead to promising stock picks for further exploration, such as the Vanguard Whitehall Funds High Dividend Yield ETF Shs (Symbol: VYM).
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The views and opinions expressed herein are those of the author and do not necessarily reflect those of Nasdaq, Inc.