Dickmeyer Boyce Financial Management Inc. Invests $6 Million in Vanguard High Dividend Yield ETF $VYM

Dickmeyer Boyce Financial Management Inc. acquired a new stake in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) in the first quarter, Holdings Channel reports. The institutional investor acquired 40,530 shares of the company’s stock, valued at approximately $6,002,000. Vanguard High Dividend Yield ETF accounts for approximately 3.5% of Dickmeyer Boyce Financial Management Inc.’s portfolio, making the stock its 6th largest holding.

A number of other institutional investors also recently made changes to their positions in the business. PayPay Securities Corp lifted its stake in shares of Vanguard High Dividend Yield ETF by 75.8% in 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 last quarter. Lloyd Advisory Services LLC. bought a new position in Vanguard High Dividend Yield ETF during the 4th quarter worth approximately $25,000. Dorato Capital Management purchased a new position in Vanguard High Dividend Yield ETF in the 4th quarter worth approximately $30,000. LRI Investments LLC increased its stake 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 buying an additional 200 shares during the period. Finally, Resources Management Corp CT ADV purchased a new position in shares of Vanguard High Dividend Yield ETF in the fourth quarter valued at about $40,000.

Vanguard High Dividend Yield ETF Price Performance

VYM opened at $161.28 on Friday. The firm has a market capitalization of $80.60 billion, a price-to-earnings ratio of 17.79 and a beta of 0.73. The business has a 50 day simple moving average of $159.12 and a two-hundred day simple moving average of $154.21. Vanguard High Dividend Yield ETF has a one year low of $132.01 and a one year high of $161.93.

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.