Maloon Powers Pitre Higgins & Dennehy LLC Takes $8.20 Million Position in Vanguard High Dividend Yield ETF $VYM

Maloon Powers Pitre Higgins & Dennehy LLC acquired a new position in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 51,857 shares of the company’s stock, valued at approximately $8,195,000. Vanguard High Dividend Yield ETF comprises approximately 2.8% of Maloon Powers Pitre Higgins & Dennehy LLC’s portfolio, making the stock its 7th biggest holding.

A number of other hedge funds and other institutional investors also recently made changes to their positions in VYM. Markowski Investments acquired a new stake in Vanguard High Dividend Yield ETF during the 2nd quarter valued at approximately $22,831,000. Old Mission Investment Co LLC acquired a new position in shares of Vanguard High Dividend Yield ETF in the 2nd quarter worth approximately $1,008,000. Highland Investment Advisors LLC acquired a new position in shares of Vanguard High Dividend Yield ETF in the 2nd quarter worth approximately $32,000. Timbuktu Capital Management LLC bought a new stake in shares of Vanguard High Dividend Yield ETF in the 2nd quarter valued at $376,000. Finally, Strive Financial Group LLC boosted its stake in shares of Vanguard High Dividend Yield ETF by 29.1% in the 2nd quarter. Strive Financial Group LLC now owns 1,676 shares of the company’s stock valued at $265,000 after purchasing an additional 378 shares during the last quarter.

Vanguard High Dividend Yield ETF Stock Down 0.4%

VYM opened at $164.23 on Friday. Vanguard High Dividend Yield ETF has a twelve month low of $137.42 and a twelve month high of $167.61. The company has a fifty day moving average of $162.82 and a 200-day moving average of $157.34. The stock has a market cap of $82.07 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.