Money Concepts Capital Corp Grows Stake in Vanguard High Dividend Yield ETF $VYM

Money Concepts Capital Corp grew its holdings in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 2.9% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 157,470 shares of the company’s stock after purchasing an additional 4,404 shares during the period. Vanguard High Dividend Yield ETF makes up about 1.3% of Money Concepts Capital Corp’s portfolio, making the stock its 13th biggest holding. Money Concepts Capital Corp’s holdings in Vanguard High Dividend Yield ETF were worth $23,321,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in VYM. W Advisors LLC raised its stake in Vanguard High Dividend Yield ETF by 3.2% in the first quarter. W Advisors LLC now owns 13,582 shares of the company’s stock valued at $2,012,000 after buying an additional 421 shares during the last quarter. Cahaba Wealth Management Inc. grew its stake in shares of Vanguard High Dividend Yield ETF by 17.0% during the first quarter. Cahaba Wealth Management Inc. now owns 5,922 shares of the company’s stock worth $877,000 after acquiring an additional 860 shares during the last quarter. IAG Wealth Partners LLC grew its stake in shares of Vanguard High Dividend Yield ETF by 30.4% during the first quarter. IAG Wealth Partners LLC now owns 442 shares of the company’s stock worth $65,000 after acquiring an additional 103 shares during the last quarter. Axxcess Wealth Management LLC boosted its stake in Vanguard High Dividend Yield ETF by 1.1% in the 1st quarter. Axxcess Wealth Management LLC now owns 77,423 shares of the company’s stock worth $11,467,000 after purchasing an additional 873 shares in the last quarter. Finally, Cvfg LLC acquired a new stake in Vanguard High Dividend Yield ETF in the 1st quarter worth approximately $348,000.

Vanguard High Dividend Yield ETF Trading Up 0.5%

NYSEARCA:VYM opened at $160.55 on Friday. Vanguard High Dividend Yield ETF has a twelve month low of $132.01 and a twelve month high of $161.46. The company has a market cap of $80.23 billion, a PE ratio of 17.79 and a beta of 0.73. The company’s 50 day moving average is $158.21 and its two-hundred day moving average is $153.08.

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.