Cornerstone Financial Management LLC Acquires New Holdings in Vanguard High Dividend Yield ETF $VYM

Cornerstone Financial Management LLC acquired a new stake in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm acquired 9,358 shares of the company’s stock, valued at approximately $1,343,000. Vanguard High Dividend Yield ETF comprises 1.3% of Cornerstone Financial Management LLC’s holdings, making the stock its 22nd biggest position.

A number of other large investors have also added to or reduced their stakes in the business. 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 acquired a new stake in shares of Vanguard High Dividend Yield ETF during the fourth quarter worth $30,000. LRI Investments LLC increased its position in shares of 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 buying an additional 200 shares during the period. IFC & Insurance Marketing Inc. acquired a new stake in shares of Vanguard High Dividend Yield ETF during the fourth quarter worth $40,000. Finally, DecisionPoint Financial LLC acquired a new stake in shares of Vanguard High Dividend Yield ETF during the fourth quarter worth $44,000.

Vanguard High Dividend Yield ETF Stock Up 0.8%

VYM opened at $160.33 on Friday. Vanguard High Dividend Yield ETF has a twelve month low of $129.11 and a twelve month high of $161.29. The company has a fifty day moving average of $155.81 and a 200-day moving average of $151.10. The stock has a market cap of $78.64 billion, a PE ratio of 17.79 and a beta of 0.73.

About Vanguard High Dividend Yield ETF

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.