Milestone Asset Management LLC Takes $741,000 Position in Vanguard High Dividend Yield ETF $VYM

Milestone Asset Management LLC bought a new stake in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 4,687 shares of the company’s stock, valued at approximately $741,000.

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

Vanguard High Dividend Yield ETF Stock Performance

Shares of VYM stock opened at $167.03 on Friday. The firm has a market capitalization of $83.47 billion, a price-to-earnings ratio of 17.79 and a beta of 0.73. Vanguard High Dividend Yield ETF has a one year low of $136.63 and a one year high of $167.61. The company has a 50 day moving average price of $160.89 and a 200 day moving average price of $155.99.

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.