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

Prospect Financial Services LLC grew its holdings in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 29.8% during the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 17,960 shares of the company’s stock after purchasing an additional 4,118 shares during the period. Vanguard High Dividend Yield ETF makes up about 1.6% of Prospect Financial Services LLC’s portfolio, making the stock its 20th biggest position. Prospect Financial Services LLC’s holdings in Vanguard High Dividend Yield ETF were worth $2,660,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of VYM. Lloyd Advisory Services LLC. bought a new stake in shares of Vanguard High Dividend Yield ETF during the 4th quarter worth $25,000. PayPay Securities Corp grew 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 acquiring an additional 75 shares during the last quarter. Dorato Capital Management bought a new position in Vanguard High Dividend Yield ETF in the fourth quarter valued at about $30,000. LRI Investments LLC raised 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. Finally, Resources Management Corp CT ADV acquired a new position in Vanguard High Dividend Yield ETF during the fourth quarter worth about $40,000.

Vanguard High Dividend Yield ETF Trading Up 0.1%

VYM stock opened at $158.24 on Thursday. The stock has a market capitalization of $78.33 billion, a P/E ratio of 17.79 and a beta of 0.73. Vanguard High Dividend Yield ETF has a 12 month low of $132.01 and a 12 month high of $161.46. The firm has a 50-day moving average price of $157.58 and a 200-day moving average price of $152.43.

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.