Merit Financial Group LLC Buys 4,063 Shares of Vanguard High Dividend Yield ETF $VYM

Merit Financial Group LLC increased its position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 1.4% during the 2nd quarter, Holdings Channel.com reports. The firm owned 294,968 shares of the company’s stock after purchasing an additional 4,063 shares during the period. Merit Financial Group LLC’s holdings in Vanguard High Dividend Yield ETF were worth $46,614,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. Lloyd Advisory Services LLC. purchased a new stake in shares of Vanguard High Dividend Yield ETF in the 4th quarter worth about $25,000. PayPay Securities Corp lifted its position in Vanguard High Dividend Yield ETF by 75.8% during the 1st quarter. PayPay Securities Corp now owns 174 shares of the company’s stock valued at $27,000 after acquiring an additional 75 shares during the period. LRI Investments LLC boosted its stake in Vanguard High Dividend Yield ETF by 400.0% during the fourth quarter. LRI Investments LLC now owns 250 shares of the company’s stock worth $36,000 after acquiring an additional 200 shares in the last quarter. IFC & Insurance Marketing Inc. bought a new stake in Vanguard High Dividend Yield ETF during the fourth quarter worth about $40,000. Finally, Resources Management Corp CT ADV purchased a new stake in Vanguard High Dividend Yield ETF in the fourth quarter worth about $40,000.

Vanguard High Dividend Yield ETF Stock Performance

Shares of VYM opened at $166.52 on Friday. Vanguard High Dividend Yield ETF has a fifty-two week low of $136.71 and a fifty-two week high of $167.61. The firm’s 50-day simple moving average is $161.06 and its two-hundred day simple moving average is $156.06. The stock has a market cap of $83.22 billion, a PE ratio of 17.79 and a beta of 0.73.

Vanguard High Dividend Yield ETF 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.