HB Wealth Management LLC Raises Stake in Vanguard High Dividend Yield ETF $VYM

HB Wealth Management LLC grew its position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 5.1% in the second quarter, HoldingsChannel.com reports. The firm owned 92,432 shares of the company’s stock after acquiring an additional 4,481 shares during the period. HB Wealth Management LLC’s holdings in Vanguard High Dividend Yield ETF were worth $14,607,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Lloyd Advisory Services LLC. purchased a new position in shares of Vanguard High Dividend Yield ETF during the 4th quarter valued at $25,000. PayPay Securities Corp increased its stake in Vanguard High Dividend Yield ETF by 75.8% in the 1st quarter. PayPay Securities Corp now owns 174 shares of the company’s stock worth $27,000 after buying an additional 75 shares in the last quarter. Highland Investment Advisors LLC bought a new stake in Vanguard High Dividend Yield ETF during the second quarter valued at about $32,000. LRI Investments LLC raised its holdings in 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 acquiring an additional 200 shares during the period. Finally, Resources Management Corp CT ADV purchased a new position in shares of Vanguard High Dividend Yield ETF in the fourth quarter valued at about $40,000.

Vanguard High Dividend Yield ETF Stock Down 0.4%

NYSEARCA VYM opened at $164.23 on Friday. The firm has a market cap of $82.07 billion, a price-to-earnings ratio of 17.79 and a beta of 0.73. The business has a 50-day moving average price of $162.82 and a 200-day moving average price of $157.34. Vanguard High Dividend Yield ETF has a twelve month low of $137.42 and a twelve month high of $167.61.

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.