Liberty Capital Management Inc. Makes New Investment in Vanguard High Dividend Yield ETF $VYM

Liberty Capital Management Inc. acquired a new stake in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) during the second quarter, Holdings Channel.com reports. The institutional investor acquired 9,333 shares of the company’s stock, valued at approximately $1,475,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Merit Financial Group LLC boosted its holdings in shares of Vanguard High Dividend Yield ETF by 1.4% during the second quarter. Merit Financial Group LLC now owns 294,968 shares of the company’s stock worth $46,614,000 after purchasing an additional 4,063 shares during the period. Formidable Asset Management LLC increased its holdings in Vanguard High Dividend Yield ETF by 1.3% during the 2nd quarter. Formidable Asset Management LLC now owns 13,385 shares of the company’s stock valued at $1,982,000 after purchasing an additional 170 shares during the period. Madrona Financial Services LLC increased its holdings in Vanguard High Dividend Yield ETF by 15.0% during the 2nd quarter. Madrona Financial Services LLC now owns 1,822 shares of the company’s stock valued at $288,000 after purchasing an additional 238 shares during the period. Farther Finance Advisors LLC raised its position in Vanguard High Dividend Yield ETF by 2.7% during the 2nd quarter. Farther Finance Advisors LLC now owns 171,729 shares of the company’s stock valued at $27,138,000 after purchasing an additional 4,551 shares during the last quarter. Finally, Fifth Third Wealth Advisors LLC raised its position in Vanguard High Dividend Yield ETF by 10.7% during the 2nd quarter. Fifth Third Wealth Advisors LLC now owns 11,054 shares of the company’s stock valued at $1,747,000 after purchasing an additional 1,067 shares during the last quarter.

Vanguard High Dividend Yield ETF Stock Performance

NYSEARCA VYM opened at $166.52 on Friday. Vanguard High Dividend Yield ETF has a fifty-two week low of $136.71 and a fifty-two week high of $167.61. The stock has a 50 day simple moving average of $161.06 and a two-hundred day simple moving average of $156.06. The stock has a market cap of $83.22 billion, a P/E ratio of 17.79 and a beta of 0.73.

Vanguard High Dividend Yield ETF Company 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.