5 Best Vanguard ETFs for Portfolio Diversification

2. Vanguard High Dividend Yield ETF (NYSE:VYM)

Number of Hedge Fund Holders: 8

Dividend stocks were among the star performers in 2022 and investors are expected to continue to pile into dividend stocks for certainty and regular cash. The Vanguard High Dividend Yield ETF (NYSE:VYM) tracks the performance of the FTSE High Dividend Yield Index. Vanguard High Dividend Yield ETF (NYSE:VYM) is invested in about 440 stocks. Financials account for about 20% of the total ETF holdings. The biggest holding of Vanguard High Dividend Yield ETF (NYSE:VYM) is Johnson & Johnson.

Johnson & Johnson (NYSE:JNJ) has a dividend yield of over 2.5% as of January 11.

A total of 85 hedge funds in Insider Monkey’s database of 920 funds had stakes in Johnson & Johnson (NYSE:JNJ) as of the end of the third quarter.