Procyon Advisors LLC Has $18.97 Million Stake in Vanguard High Dividend Yield ETF $VYM

Procyon Advisors LLC raised its stake in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 10.3% during the 1st quarter, Holdings Channel.com reports. The institutional investor owned 128,075 shares of the company’s stock after acquiring an additional 11,985 shares during the quarter. Vanguard High Dividend Yield ETF comprises 0.3% of Procyon Advisors LLC’s portfolio, making the stock its 24th biggest holding. Procyon Advisors LLC’s holdings in Vanguard High Dividend Yield ETF were worth $18,968,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Avion Wealth raised its stake in shares of Vanguard High Dividend Yield ETF by 1.8% in the 1st quarter. Avion Wealth now owns 174,887 shares of the company’s stock valued at $25,900,000 after acquiring an additional 3,065 shares in the last quarter. Anchor Investment Management LLC grew its holdings in Vanguard High Dividend Yield ETF by 8.0% during the first quarter. Anchor Investment Management LLC now owns 11,399 shares of the company’s stock valued at $1,688,000 after purchasing an additional 840 shares during the last quarter. Castleview Partners LLC acquired a new position in Vanguard High Dividend Yield ETF during the first quarter valued at approximately $336,000. Diversify Wealth Management LLC raised its position in shares of Vanguard High Dividend Yield ETF by 24.5% in the first quarter. Diversify Wealth Management LLC now owns 38,966 shares of the company’s stock valued at $6,020,000 after purchasing an additional 7,669 shares during the period. Finally, Valmark Advisers Inc. lifted its stake in shares of Vanguard High Dividend Yield ETF by 7.6% in the first quarter. Valmark Advisers Inc. now owns 263,015 shares of the company’s stock worth $38,953,000 after buying an additional 18,683 shares during the last quarter.

Vanguard High Dividend Yield ETF Stock Performance

NYSEARCA VYM opened at $161.06 on Monday. Vanguard High Dividend Yield ETF has a 1 year low of $132.01 and a 1 year high of $161.46. The company has a fifty day simple moving average of $158.34 and a 200 day simple moving average of $153.20. The company has a market cap of $80.49 billion, a P/E ratio of 17.79 and a beta of 0.73.

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.