Prospect Financial Services LLC Has $2.66 Million Holdings in Vanguard High Dividend Yield ETF $VYM

Prospect Financial Services LLC grew its position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 29.8% in the first quarter, Holdings Channel reports. The fund owned 17,960 shares of the company’s stock after acquiring an additional 4,118 shares during the quarter. Vanguard High Dividend Yield ETF accounts for 1.6% of Prospect Financial Services LLC’s portfolio, making the stock its 20th largest holding. Prospect Financial Services LLC’s holdings in Vanguard High Dividend Yield ETF were worth $2,660,000 as of its most recent filing with the SEC.

Other hedge funds also recently modified their holdings of the company. Lloyd Advisory Services LLC. acquired a new position in Vanguard High Dividend Yield ETF in the 4th quarter worth about $25,000. PayPay Securities Corp raised its position in Vanguard High Dividend Yield ETF by 75.8% in the first quarter. PayPay Securities Corp now owns 174 shares of the company’s stock valued at $27,000 after purchasing an additional 75 shares during the last quarter. Dorato Capital Management acquired a new stake in shares of Vanguard High Dividend Yield ETF during the fourth quarter valued at about $30,000. LRI Investments LLC boosted its stake in shares of 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 purchasing an additional 200 shares in the last quarter. Finally, Resources Management Corp CT ADV bought a new stake in shares of Vanguard High Dividend Yield ETF during the fourth quarter worth about $40,000.

Vanguard High Dividend Yield ETF Trading Up 0.1%

NYSEARCA:VYM opened at $158.24 on Thursday. The stock’s 50-day moving average is $157.58 and its 200-day moving average is $152.43. Vanguard High Dividend Yield ETF has a 1-year low of $132.01 and a 1-year high of $161.46. The stock has a market cap of $78.33 billion, a P/E ratio of 17.79 and a beta of 0.73.

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.