Merit Financial Group LLC Boosts Stock Position in Vanguard High Dividend Yield ETF $VYM

Merit Financial Group LLC grew its position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 1.4% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 294,968 shares of the company’s stock after purchasing an additional 4,063 shares during the period. Merit Financial Group LLC owned approximately 0.06% of Vanguard High Dividend Yield ETF worth $46,614,000 at the end of the most recent quarter.

Several other institutional investors have also recently modified their holdings of the company. Concurrent Investment Advisors LLC increased its stake in shares of Vanguard High Dividend Yield ETF by 9.2% in the fourth quarter. Concurrent Investment Advisors LLC now owns 180,798 shares of the company’s stock worth $25,948,000 after acquiring an additional 15,173 shares during the period. Oppenheimer & Co. Inc. lifted its position in Vanguard High Dividend Yield ETF by 45.3% during the fourth quarter. Oppenheimer & Co. Inc. now owns 16,850 shares of the company’s stock valued at $2,418,000 after purchasing an additional 5,255 shares during the period. Financially in Tune LLC acquired a new position in Vanguard High Dividend Yield ETF during the fourth quarter valued at $8,049,000. State Farm Mutual Automobile Insurance Co. boosted its holdings in Vanguard High Dividend Yield ETF by 29.4% in the fourth quarter. State Farm Mutual Automobile Insurance Co. now owns 218,597 shares of the company’s stock valued at $31,373,000 after purchasing an additional 49,694 shares during the last quarter. Finally, Indivisible Partners purchased a new stake in Vanguard High Dividend Yield ETF in the fourth quarter valued at $781,000.

Vanguard High Dividend Yield ETF Stock Performance

Shares of VYM opened at $166.52 on Friday. The business’s 50-day moving average is $161.06 and its two-hundred day moving average is $156.06. The company has a market capitalization of $83.22 billion, a P/E ratio of 17.79 and a beta of 0.73. Vanguard High Dividend Yield ETF has a fifty-two week low of $136.71 and a fifty-two week high of $167.61.

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.