Maloon Powers Pitre Higgins & Dennehy LLC Takes $8.20 Million Position in Vanguard High Dividend Yield ETF $VYM

Maloon Powers Pitre Higgins & Dennehy LLC acquired a new position in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM – Free Report) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 51,857 shares of the company’s stock, valued at approximately $8,195,000. Vanguard High Dividend Yield ETF comprises approximately 2.8% of Maloon Powers Pitre Higgins & Dennehy LLC’s portfolio, making the stock its 7th biggest holding.

A number of other hedge funds and other institutional investors also recently made changes to their positions in VYM. Markowski Investments acquired a new stake in Vanguard High Dividend Yield ETF during the 2nd quarter valued at approximately $22,831,000. Old Mission Investment Co LLC acquired a new position in shares of Vanguard High Dividend Yield ETF in the 2nd quarter worth approximately $1,008,000. Highland Investment Advisors LLC acquired a new position in shares of Vanguard High Dividend Yield ETF in the 2nd quarter worth approximately $32,000. Timbuktu Capital Management LLC bought a new stake in shares of Vanguard High Dividend Yield ETF in the 2nd quarter valued at $376,000. Finally, Strive Financial Group LLC boosted its stake in shares of Vanguard High Dividend Yield ETF by 29.1% in the 2nd quarter. Strive Financial Group LLC now owns 1,676 shares of the company’s stock valued at $265,000 after purchasing an additional 378 shares during the last quarter.

Vanguard High Dividend Yield ETF Stock Down 0.4%

VYM opened at $164.23 on Friday. Vanguard High Dividend Yield ETF has a twelve month low of $137.42 and a twelve month high of $167.61. The company has a fifty day moving average of $162.82 and a 200-day moving average of $157.34. The stock has a market cap of $82.07 billion, a PE ratio of 17.79 and a beta of 0.73.

Vanguard High Dividend Yield ETF Profile

(Free Report)

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.

Further Reading

• Five stocks we like better than Vanguard High Dividend Yield ETF
• Revolution Medicines Got Its Breakthrough—What Moves It Next?
• Retail Earnings Just Exposed a Bigger Divide in the U.S. Consumer Economy
• FB Financial’s Southern Expansion and Buybacks Drive Analyst Optimism
• AST SpaceMobile Stock Soared 12%—This Was the Catalyst

Want to see what other hedge funds are holding VYM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Vanguard High Dividend Yield ETF (NYSEARCA:VYM – Free Report).