Macco Financial Group Inc. Invests $589,000 in Vanguard High Dividend Yield ETF $VYM

Macco Financial Group Inc. purchased a new position in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYMFree Report) in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund purchased 3,977 shares of the company’s stock, valued at approximately $589,000. Vanguard High Dividend Yield ETF accounts for approximately 0.4% of Macco Financial Group Inc.’s investment portfolio, making the stock its 17th largest holding.

Several other hedge funds also recently added to or reduced their stakes in the company. Lloyd Advisory Services LLC. purchased a new position in shares of Vanguard High Dividend Yield ETF during the fourth quarter valued at approximately $25,000. Dorato Capital Management purchased a new stake in shares of Vanguard High Dividend Yield ETF in the fourth quarter worth approximately $30,000. LRI Investments LLC raised its holdings in shares of Vanguard High Dividend Yield ETF by 400.0% in the fourth quarter. LRI Investments LLC now owns 250 shares of the company’s stock worth $36,000 after buying an additional 200 shares during the period. IFC & Insurance Marketing Inc. bought a new stake in shares of Vanguard High Dividend Yield ETF during the 4th quarter worth approximately $40,000. Finally, Resources Management Corp CT ADV bought a new stake in shares of Vanguard High Dividend Yield ETF during the 4th quarter worth approximately $40,000.

Vanguard High Dividend Yield ETF Price Performance

VYM opened at $158.22 on Monday. The business has a fifty day moving average of $157.37 and a 200 day moving average of $152.18. Vanguard High Dividend Yield ETF has a 52-week low of $131.92 and a 52-week high of $161.46. The stock has a market cap of $77.60 billion, a P/E ratio of 17.79 and a beta of 0.73.

About Vanguard High Dividend Yield ETF

(Free Report)

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.

Further Reading

Want to see what other hedge funds are holding VYM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Vanguard High Dividend Yield ETF (NYSEARCA:VYMFree Report).

Institutional Ownership by Quarter for Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Receive News & Ratings for Vanguard High Dividend Yield ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vanguard High Dividend Yield ETF and related companies with MarketBeat.com's FREE daily email newsletter.