MLP3 LLC Makes New $779,000 Investment in Vanguard High Dividend Yield ETF $VYM

MLP3 LLC bought a new position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 5,430 shares of the company’s stock, valued at approximately $779,000. Vanguard High Dividend Yield ETF makes up about 0.9% of MLP3 LLC’s portfolio, making the stock its 28th largest holding.

A number of other hedge funds and other institutional investors have also recently modified their holdings of VYM. Asempa Wealth Advisors purchased a new position in shares of Vanguard High Dividend Yield ETF in the fourth quarter worth $880,000. Commons Capital LLC raised its holdings in shares of Vanguard High Dividend Yield ETF by 32.0% in the fourth quarter. Commons Capital LLC now owns 25,380 shares of the company’s stock worth $3,642,000 after buying an additional 6,154 shares during the last quarter. Concurrent Investment Advisors LLC raised its holdings 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 buying an additional 15,173 shares during the last quarter. Accredited Wealth Management LLC raised its holdings in shares of Vanguard High Dividend Yield ETF by 10,426.4% in the third quarter. Accredited Wealth Management LLC now owns 54,316 shares of the company’s stock worth $73,000 after buying an additional 53,800 shares during the last quarter. Finally, Fiduciary Group LLC raised its holdings in shares of Vanguard High Dividend Yield ETF by 13.4% in the third quarter. Fiduciary Group LLC now owns 41,961 shares of the company’s stock worth $5,914,000 after buying an additional 4,945 shares during the last quarter.

Vanguard High Dividend Yield ETF Stock Performance

NYSEARCA VYM opened at $160.33 on Monday. The company has a fifty day simple moving average of $155.81 and a two-hundred day simple moving average of $151.17. The stock has a market cap of $78.64 billion, a P/E ratio of 17.79 and a beta of 0.73. Vanguard High Dividend Yield ETF has a 12-month low of $129.11 and a 12-month high of $161.29.

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.