Independent Financial Group LLC Increases Position in Vanguard High Dividend Yield ETF $VYM

Independent Financial Group LLC lifted its stake in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 19.6% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 77,062 shares of the company’s stock after acquiring an additional 12,617 shares during the period. Independent Financial Group LLC’s holdings in Vanguard High Dividend Yield ETF were worth $12,178,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in VYM. PayPay Securities Corp grew its stake in Vanguard High Dividend Yield ETF by 75.8% in the first quarter. PayPay Securities Corp now owns 174 shares of the company’s stock valued at $27,000 after purchasing an additional 75 shares during the last quarter. Lloyd Advisory Services LLC. purchased a new stake in shares of Vanguard High Dividend Yield ETF during the fourth quarter valued at about $25,000. LRI Investments LLC lifted its position in shares of Vanguard High Dividend Yield ETF by 400.0% during the fourth quarter. LRI Investments LLC now owns 250 shares of the company’s stock valued at $36,000 after buying an additional 200 shares during the last quarter. Resources Management Corp CT ADV purchased a new stake in shares of Vanguard High Dividend Yield ETF during the fourth quarter valued at about $40,000. Finally, IFC & Insurance Marketing Inc. bought a new stake in shares of Vanguard High Dividend Yield ETF in the 4th quarter valued at about $40,000.

Vanguard High Dividend Yield ETF Stock Up 0.2%

Shares of Vanguard High Dividend Yield ETF stock opened at $167.03 on Friday. The firm’s 50 day moving average price is $160.89 and its 200-day moving average price is $155.99. Vanguard High Dividend Yield ETF has a 52-week low of $136.63 and a 52-week high of $167.61. The company has a market cap of $83.47 billion, a P/E ratio of 17.79 and a beta of 0.73.

Vanguard High Dividend Yield ETF Profile

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.