Merit Financial Group LLC Purchases 4,063 Shares of Vanguard High Dividend Yield ETF $VYM

Merit Financial Group LLC raised its position in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 1.4% in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 294,968 shares of the company’s stock after buying an additional 4,063 shares during the period. Merit Financial Group LLC owned about 0.06% of Vanguard High Dividend Yield ETF worth $46,614,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the company. Auto Owners Insurance Co increased its position in shares of Vanguard High Dividend Yield ETF by 20,425.2% in the fourth quarter. Auto Owners Insurance Co now owns 148,643,664 shares of the company’s stock valued at $21,333,339,000 after acquiring an additional 147,919,464 shares during the period. BNP Paribas Financial Markets boosted its holdings in shares of Vanguard High Dividend Yield ETF by 17,493.6% during the fourth quarter. BNP Paribas Financial Markets now owns 700,928 shares of the company’s stock worth $100,597,000 after purchasing an additional 696,944 shares during the period. Wellington Management Group LLP grew its stake in shares of Vanguard High Dividend Yield ETF by 493.0% in the third quarter. Wellington Management Group LLP now owns 596,737 shares of the company’s stock worth $84,110,000 after purchasing an additional 496,110 shares during the last quarter. AQR Capital Management LLC grew its stake in shares of Vanguard High Dividend Yield ETF by 846.2% in the third quarter. AQR Capital Management LLC now owns 401,576 shares of the company’s stock worth $56,602,000 after purchasing an additional 359,136 shares during the last quarter. Finally, LPL Financial LLC increased its holdings in Vanguard High Dividend Yield ETF by 5.3% during the 4th quarter. LPL Financial LLC now owns 6,820,119 shares of the company’s stock valued at $978,823,000 after purchasing an additional 345,129 shares during the period.

Vanguard High Dividend Yield ETF Price Performance

Shares of NYSEARCA:VYM opened at $166.52 on Friday. The stock’s 50-day moving average is $161.06 and its 200 day moving average is $156.06. The company has a market cap of $83.22 billion, a PE ratio of 17.79 and a beta of 0.73. Vanguard High Dividend Yield ETF has a 1 year low of $136.71 and a 1 year high of $167.61.

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.