Who owns VANGUARD HIGH DIVIDEND YIELD INDEX FUND (VYM)
Which tracked institutional funds hold VYM, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See VYM company fundamentals →
Ownership as of the 2026-Q2 13F filings (latest filed 2026-08-19). 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.
How the tape is positioned
The tracked-fund tape on VYM is one-sided between 2026-Q1 and 2026-Q2: 594 added or opened and 184 trimmed or exited — on balance accumulating.
A prompt to read the filings, not a verdict. 13F is a quarter-end snapshot disclosed up to 45 days late; a fund adds or exits for mandate, benchmark, and timing reasons that have nothing to do with a view on the stock. This is a starting question, not a signal to trade.
Conviction spread
VYM’s largest tracked holder by dollar value, BANK OF AMERICA CORP /DE/, sizes it at 0.1% of its own reported 13F book, while the median holder sizes it at 0.5% of theirs — a 0.4pp gap the other way — the median holder sizes VYM more heavily than its largest holder by dollar value does.
Book-share is each fund’s reported value in VYM divided by its whole reported 13F book, so it is comparable across funds of different sizes and is unaffected by stock splits. A higher share means a fund has committed more of its book to the name — a starting question about conviction, not a verdict or a signal to trade.
Institutional & insider positioning
Between 2026-Q1 and 2026-Q2, across 1991 tracked filers holding VYM, 958 increased or opened the position and 855 reduced or closed it; over the same quarter, there were no open-market insider Form 4s.
This fuses two public signals for the same quarter — how tracked institutions changed their positions and whether insiders bought or sold in the open market. It describes what was filed; it is a starting question, not a verdict or a signal to trade.
New buyers & exits
Funds opening or closing a position in VYM between the 2026-Q1 and 2026-Q2 13F filings, and the largest changes among funds holding it in both. New buyers and exits are counted on fund presence (split-invariant); adds and trims are measured on reported value.
New buyers 50
- NewEdge Advisors, LLC$54M
- Markowski Investments$23M
- Angeles Investment Advisors, LLC$20M
- Global Retirement Partners, LLC$14M
- R2 Capital Strategies, LLC$12M
- Northwest & Ethical Investments L.P.$12M
Full exits 99
- Janney Montgomery Scott LLC$289M
- HighTower Advisors, LLC$216M
- Cambridge Investment Research Advisors, Inc.$161M
- Smithfield Trust Co$59M
- Integrated Wealth Concepts LLC$34M
- Opus Capital Group, LLC$31M
Largest adds
- MORGAN STANLEY$151M
- LPL Financial LLC$143M
- RAYMOND JAMES FINANCIAL INC$138M
- Arax Advisory Partners$121M
- BANK OF AMERICA CORP /DE/$109M
- JONES FINANCIAL COMPANIES LLLP$93M
Largest trims
- Rakuten Investment Management, Inc.$130M
- BNP PARIBAS FINANCIAL MARKETS$74M
- Auto-Owners Insurance Co$39M
- RWA WEALTH PARTNERS, LLC$23M
- Independent Advisor Alliance$14M
- WELLINGTON MANAGEMENT GROUP LLP$12M
Institutional holders
One row per tracked fund, most shares held first (every row is from one quarter; reported value breaks ties). “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding.
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| BANK OF AMERICA CORP /DE/ trimmed | 12,643,649 | $2.0B | 9.8% | 2026-Q2 |
| MORGAN STANLEY added | 10,662,582 | $1.7B | 8.3% | 2026-Q2 |
| RAYMOND JAMES FINANCIAL INC added | 8,009,206 | $1.3B | 6.2% | 2026-Q2 |
| LPL Financial LLC added | 7,241,202 | $1.1B | 5.6% | 2026-Q2 |
| WELLS FARGO & COMPANY/MN added | 6,100,827 | $964M | 4.7% | 2026-Q2 |
| JPMORGAN CHASE & CO added | 5,526,857 | $876M | 4.3% | 2026-Q2 |
| Creative Planning trimmed | 3,834,889 | $606M | 3.0% | 2026-Q2 |
| AMERIPRISE FINANCIAL INC added | 3,715,315 | $587M | 2.9% | 2026-Q2 |
| UBS Group AG trimmed | 3,674,450 | $581M | 2.8% | 2026-Q2 |
| ENVESTNET ASSET MANAGEMENT INC added | 3,613,813 | $571M | 2.8% | 2026-Q2 |
| JONES FINANCIAL COMPANIES LLLP added | 3,335,671 | $528M | 2.6% | 2026-Q2 |
| Wellspring Financial Advisors, LLC added | 2,958,647 | $72M | 0.4% | 2026-Q2 |
| MERCER GLOBAL ADVISORS INC /ADV added | 2,883,738 | $456M | 2.2% | 2026-Q2 |
| Cetera Investment Advisers added | 2,823,051 | $446M | 2.2% | 2026-Q2 |
| ROYAL BANK OF CANADA added | 2,518,659 | $398M | 2.0% | 2026-Q2 |
| COMMONWEALTH EQUITY SERVICES, LLC trimmed | 2,266,781 | $358M | 1.8% | 2026-Q2 |
| VANTAGEPOINT INVESTMENT ADVISERS LLC trimmed | 2,184,266 | $345M | 1.7% | 2026-Q2 |
| GOLDMAN SACHS GROUP INC trimmed | 1,822,230 | $288M | 1.4% | 2026-Q2 |
| Rakuten Investment Management, Inc. trimmed | 1,695,054 | $269M | 1.3% | 2026-Q2 |
| OSAIC HOLDINGS, INC. added | 1,623,862 | $257M | 1.3% | 2026-Q2 |
| Pathstone Holdings, LLC added | 1,425,288 | $225M | 1.1% | 2026-Q2 |
| SCS Capital Management LLC trimmed | 1,422,806 | $225M | 1.1% | 2026-Q2 |
| STIFEL FINANCIAL CORP added | 1,390,923 | $220M | 1.1% | 2026-Q2 |
| Kestra Advisory Services, LLC trimmed | 1,236,739 | $195M | 1.0% | 2026-Q2 |
| Howard Capital Management, LLC | 1,132,957 | $179M | 0.9% | 2026-Q2 |
| Joel Isaacson & Co., LLC added | 1,053,342 | $166M | 0.8% | 2026-Q2 |
| Baird Financial Group, Inc. added | 965,211 | $153M | 0.7% | 2026-Q2 |
| CAPTRUST FINANCIAL ADVISORS added | 951,013 | $150M | 0.7% | 2026-Q2 |
| TRUIST FINANCIAL CORP trimmed | 942,212 | $149M | 0.7% | 2026-Q2 |
| PNC Financial Services Group, Inc. added | 917,460 | $145M | 0.7% | 2026-Q2 |
| D.A. DAVIDSON & CO. trimmed | 868,322 | $137M | 0.7% | 2026-Q2 |
| Arax Advisory Partners added | 829,634 | $131M | 0.6% | 2026-Q2 |
| Wharton Business Group, LLC trimmed | 820,989 | $130M | 0.6% | 2026-Q2 |
| Florida Trust Wealth Management Co added | 798,906 | $126M | 0.6% | 2026-Q2 |
| Cerity Partners LLC added | 798,791 | $126M | 0.6% | 2026-Q2 |
| BANK OF MONTREAL /CAN/ trimmed | 750,642 | $119M | 0.6% | 2026-Q2 |
| One Day In July LLC added | 748,425 | $118M | 0.6% | 2026-Q2 |
| Martel Wealth Advisors LLC added | 747,548 | $118M | 0.6% | 2026-Q2 |
| Auto-Owners Insurance Co trimmed | 724,200 | $114M | 0.6% | 2026-Q2 |
| Allworth Financial LP trimmed | 715,436 | $113M | 0.6% | 2026-Q2 |
| Corient Private Wealth LP trimmed | 700,879 | $111M | 0.5% | 2026-Q2 |
| Equitable Holdings, Inc. trimmed | 686,126 | $108M | 0.5% | 2026-Q2 |
| HCR Wealth Advisors added | 656,338 | $104M | 0.5% | 2026-Q2 |
| INSPIRION WEALTH ADVISORS, LLC added | 631,801 | $100M | 0.5% | 2026-Q2 |
| Stratos Wealth Partners, LTD. added | 631,378 | $100M | 0.5% | 2026-Q2 |
| MML INVESTORS SERVICES, LLC added | 627,405 | $99M | 0.5% | 2026-Q2 |
| ASSETMARK, INC trimmed | 581,756 | $92M | 0.5% | 2026-Q2 |
| SBI Securities Co., Ltd. trimmed | 579,951 | $92M | 0.4% | 2026-Q2 |
| Mariner, LLC trimmed | 567,887 | $90M | 0.4% | 2026-Q2 |
| MARINO, STRAM & ASSOCIATES LLC added | 567,525 | $90M | 0.4% | 2026-Q2 |
| Focus Partners Wealth added | 567,493 | $90M | 0.4% | 2026-Q2 |
| PINNACLE ASSOCIATES LTD added | 556,485 | $88M | 0.4% | 2026-Q2 |
| Mesirow Financial Investment Management, Inc. added | 554,044 | $88M | 0.4% | 2026-Q2 |
| Waverly Advisors, LLC added | 544,941 | $86M | 0.4% | 2026-Q2 |
| Steward Partners Investment Advisory, LLC added | 517,115 | $82M | 0.4% | 2026-Q2 |
| AQR CAPITAL MANAGEMENT LLC added | 476,821 | $75M | 0.4% | 2026-Q2 |
| Arlington Trust Co LLC added | 459,352 | $73M | 0.4% | 2026-Q2 |
| Baltimore-Washington Financial Advisors, Inc. added | 425,390 | $67M | 0.3% | 2026-Q2 |
| Wealthcare Advisory Partners LLC added | 401,762 | $63M | 0.3% | 2026-Q2 |
| Cornerstone Advisory, LLC added | 381,419 | $60M | 0.3% | 2026-Q2 |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO added | 381,117 | $60M | 0.3% | 2026-Q2 |
| Waldron Private Wealth LLC trimmed | 375,558 | $59M | 0.3% | 2026-Q2 |
| FMR LLC added | 368,755 | $58M | 0.3% | 2026-Q2 |
| COMMERCE BANK trimmed | 366,684 | $58M | 0.3% | 2026-Q2 |
| HANCOCK WHITNEY CORP trimmed | 361,160 | $57M | 0.3% | 2026-Q2 |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC added | 353,157 | $57M | 0.3% | 2026-Q2 |
| DAVENPORT & Co LLC added | 352,667 | $56M | 0.3% | 2026-Q2 |
| KEYBANK NATIONAL ASSOCIATION/OH added | 343,741 | $54M | 0.3% | 2026-Q2 |
| Zhang Financial LLC added | 343,695 | $54M | 0.3% | 2026-Q2 |
| NewEdge Advisors, LLC added | 342,284 | $54M | 0.3% | 2026-Q2 |
| White Lighthouse Investment Management Inc. trimmed | 341,684 | $54M | 0.3% | 2026-Q2 |
| Private Advisor Group, LLC trimmed | 338,797 | $54M | 0.3% | 2026-Q2 |
| Beacon Pointe Advisors, LLC added | 336,885 | $53M | 0.3% | 2026-Q2 |
| MBM WEALTH CONSULTANTS, LLC trimmed | 329,351 | $52M | 0.3% | 2026-Q2 |
| Round Rock Advisors LLC added | 324,884 | $51M | 0.3% | 2026-Q2 |
| Operose Advisors LLC trimmed | 323,133 | $51M | 0.3% | 2026-Q2 |
| Alliance Wealth Advisors, LLC /UT added | 322,587 | $51M | 0.3% | 2026-Q2 |
| MONETA GROUP INVESTMENT ADVISORS LLC trimmed | 314,360 | $50M | 0.2% | 2026-Q2 |
| Pinnacle Wealth Management Advisory Group, LLC added | 312,243 | $49M | 0.2% | 2026-Q2 |
| Merit Financial Group, LLC added | 294,968 | $47M | 0.2% | 2026-Q2 |
| Twele Capital Management, Inc. trimmed | 293,079 | $46M | 0.2% | 2026-Q2 |
| SEI INVESTMENTS CO added | 292,707 | $46M | 0.2% | 2026-Q2 |
| Heartwood Wealth Advisors LLC added | 277,781 | $44M | 0.2% | 2026-Q2 |
| Valmark Advisers, Inc. added | 272,000 | $43M | 0.2% | 2026-Q2 |
| Clearstead Advisors, LLC added | 271,152 | $43M | 0.2% | 2026-Q2 |
| Lido Advisors, LLC added | 270,440 | $43M | 0.2% | 2026-Q2 |
| ACT WEALTH MANAGEMENT, LLC added | 270,374 | $43M | 0.2% | 2026-Q2 |
| Allen Investment Management, LLC added | 268,026 | $42M | 0.2% | 2026-Q2 |
| M&T Bank Corp trimmed | 265,343 | $42M | 0.2% | 2026-Q2 |
| Apella Capital, LLC trimmed | 259,947 | $42M | 0.2% | 2026-Q2 |
| NEW ENGLAND ASSET MANAGEMENT INC added | 259,525 | $41M | 0.2% | 2026-Q2 |
| Crews Bank & Trust added | 249,044 | $39M | 0.2% | 2026-Q2 |
| Human Investing LLC | 247,921 | $37M | 0.2% | 2026-Q2 |
| Arkadios Wealth Advisors added | 244,299 | $39M | 0.2% | 2026-Q2 |
| FIFTH THIRD BANCORP added | 237,153 | $37M | 0.2% | 2026-Q2 |
| IFG Advisory, LLC added | 233,299 | $37M | 0.2% | 2026-Q2 |
| US BANCORP \DE\ added | 232,675 | $37M | 0.2% | 2026-Q2 |
| Forum Private Client Group LLC added | 230,745 | $36M | 0.2% | 2026-Q2 |
| DMKC Advisory Services, LLC added | 229,901 | $36M | 0.2% | 2026-Q2 |
| Sanctuary Advisors, LLC trimmed | 225,560 | $36M | 0.2% | 2026-Q2 |
Ownership over time
Tracked institutional holder count and total shares held by filing quarter (independent scales). The curated-era tail and any mid-ingest latest quarter are handled honestly — a partial quarter is not drawn as a collapse.
Reading this table
Funds hold the same stock for different reasons — an index fund “holds” almost everything, an active manager sizes a name to a mandate and a benchmark, and each fund entered at its own price and time. Because 13F is filed up to 45 days after quarter-end, every row is a backward-looking snapshot; a manager may have traded since. Share-class siblings (a company’s A and C shares) are rolled up to one line so a dual-class name is never double-counted. Compare like-for-like. A large holder is not an endorsement, and a fund exiting is not a warning — this is a starting question, not a verdict.
About 13F filings
A Form 13F is a quarterly disclosure that institutional investment managers with over $100 million in US-listed equities must file with the SEC. In plain English: it is a snapshot of the long stock positions a fund held at the end of a quarter. It covers long US-listed equities only — not short positions, options, cash, or private holdings — and the funds shown are the large sample we track, not the complete 13F universe.