RM Financial Services LLC Makes New $1.42 Million Investment in Vanguard High Dividend Yield ETF $VYM

RM Financial Services LLC acquired a new stake in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 9,892 shares of the company’s stock, valued at approximately $1,420,000. Vanguard High Dividend Yield ETF comprises about 1.3% of RM Financial Services LLC’s holdings, making the stock its 21st biggest holding.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Lloyd Advisory Services LLC. bought a new stake in Vanguard High Dividend Yield ETF in the fourth quarter valued at approximately $25,000. Dorato Capital Management bought a new position in shares of Vanguard High Dividend Yield ETF in the fourth quarter worth approximately $30,000. LRI Investments LLC increased its stake 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. DecisionPoint Financial LLC purchased a new position in shares of Vanguard High Dividend Yield ETF in the fourth quarter worth $44,000. Finally, Horizon Investments LLC raised its holdings in Vanguard High Dividend Yield ETF by 442.9% during the 3rd quarter. Horizon Investments LLC now owns 456 shares of the company’s stock valued at $64,000 after buying an additional 372 shares during the last quarter.

Vanguard High Dividend Yield ETF Stock Down 1.0%

Shares of VYM opened at $157.21 on Thursday. The stock has a market capitalization of $77.11 billion, a P/E ratio of 17.79 and a beta of 0.73. The firm has a fifty day simple moving average of $155.34 and a two-hundred day simple moving average of $150.90. Vanguard High Dividend Yield ETF has a twelve month low of $129.11 and a twelve month high of $161.29.

About Vanguard High Dividend Yield ETF

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.