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

MV Capital Management Inc. purchased a new position in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 4,912 shares of the company’s stock, valued at approximately $705,000.

Other institutional investors have also modified their holdings of the company. Catalyst Investment Management LLC bought a new position in Vanguard High Dividend Yield ETF in the fourth quarter valued at approximately $5,505,000. Talisman Wealth Advisors LLC boosted its holdings in shares of Vanguard High Dividend Yield ETF by 3.3% in the fourth quarter. Talisman Wealth Advisors LLC now owns 53,317 shares of the company’s stock valued at $7,659,000 after buying an additional 1,692 shares during the period. Mcguire Capital Advisors Inc. bought a new stake in shares of Vanguard High Dividend Yield ETF during the fourth quarter worth $315,000. Claris Financial LLC bought a new stake in shares of Vanguard High Dividend Yield ETF during the fourth quarter worth $1,555,000. Finally, TMB Capital Partners LLC acquired a new stake in shares of Vanguard High Dividend Yield ETF during the fourth quarter worth $1,159,000.

Vanguard High Dividend Yield ETF Trading Down 0.5%

VYM opened at $158.21 on Friday. The stock has a market capitalization of $77.60 billion, a P/E ratio of 17.79 and a beta of 0.73. Vanguard High Dividend Yield ETF has a 12 month low of $129.11 and a 12 month high of $161.46. The firm’s fifty day simple moving average is $156.69 and its 200 day simple moving average is $151.60.

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.