CDM Financial Counseling Services Inc. Purchases New Shares in Vanguard High Dividend Yield ETF $VYM

CDM Financial Counseling Services Inc. purchased a new stake in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) during the 4th quarter, HoldingsChannel reports. The firm purchased 24,656 shares of the company’s stock, valued at approximately $3,539,000. Vanguard High Dividend Yield ETF makes up 3.3% of CDM Financial Counseling Services Inc.’s portfolio, making the stock its 8th largest holding.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Raymond James Financial Inc. grew its position in Vanguard High Dividend Yield ETF by 2.4% during the second quarter. Raymond James Financial Inc. now owns 7,491,066 shares of the company’s stock valued at $998,634,000 after buying an additional 178,904 shares during the period. Ameriprise Financial Inc. lifted its holdings in Vanguard High Dividend Yield ETF by 1.6% during the third quarter. Ameriprise Financial Inc. now owns 4,019,262 shares of the company’s stock valued at $566,458,000 after purchasing an additional 64,127 shares in the last quarter. Mercer Global Advisors Inc. ADV lifted its holdings in Vanguard High Dividend Yield ETF by 6.3% during the third quarter. Mercer Global Advisors Inc. ADV now owns 2,646,199 shares of the company’s stock valued at $372,979,000 after purchasing an additional 157,950 shares in the last quarter. Jones Financial Companies Lllp lifted its holdings in Vanguard High Dividend Yield ETF by 9.3% during the third quarter. Jones Financial Companies Lllp now owns 2,343,326 shares of the company’s stock valued at $329,904,000 after purchasing an additional 200,130 shares in the last quarter. Finally, Vantagepoint Investment Advisers LLC lifted its holdings in Vanguard High Dividend Yield ETF by 3.0% during the fourth quarter. Vantagepoint Investment Advisers LLC now owns 2,314,911 shares of the company’s stock valued at $332,236,000 after purchasing an additional 68,167 shares in the last quarter.

Vanguard High Dividend Yield ETF Price Performance

VYM opened at $155.76 on Monday. The company has a market cap of $76.39 billion, a price-to-earnings ratio of 17.79 and a beta of 0.73. Vanguard High Dividend Yield ETF has a 52-week low of $126.00 and a 52-week high of $157.63. The firm’s fifty day simple moving average is $151.74 and its two-hundred day simple moving average is $148.63.

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.