Dickmeyer Boyce Financial Management Inc. Makes New $6 Million Investment in Vanguard High Dividend Yield ETF $VYM

Dickmeyer Boyce Financial Management Inc. purchased a new stake in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 40,530 shares of the company’s stock, valued at approximately $6,002,000. Vanguard High Dividend Yield ETF accounts for about 3.5% of Dickmeyer Boyce Financial Management Inc.’s investment portfolio, making the stock its 6th largest holding.

A number of other hedge funds have also recently made changes to their positions in VYM. Brighton Jones LLC increased its stake in Vanguard High Dividend Yield ETF by 23.3% in the 4th quarter. Brighton Jones LLC now owns 16,836 shares of the company’s stock worth $2,148,000 after acquiring an additional 3,177 shares during the last quarter. AQR Capital Management LLC boosted its position in shares of Vanguard High Dividend Yield ETF by 314.5% during the 1st quarter. AQR Capital Management LLC now owns 28,618 shares of the company’s stock valued at $3,690,000 after acquiring an additional 21,713 shares during the last quarter. Russell Investments Group Ltd. boosted its position in shares of Vanguard High Dividend Yield ETF by 245.7% during the 2nd quarter. Russell Investments Group Ltd. now owns 3,519 shares of the company’s stock valued at $469,000 after acquiring an additional 2,501 shares during the last quarter. First Trust Advisors LP grew its holdings in shares of Vanguard High Dividend Yield ETF by 42.7% during the second quarter. First Trust Advisors LP now owns 18,568 shares of the company’s stock worth $2,475,000 after purchasing an additional 5,556 shares in the last quarter. Finally, Gamco Investors INC. ET AL purchased a new position in shares of Vanguard High Dividend Yield ETF during the second quarter worth about $1,066,000.

Vanguard High Dividend Yield ETF Trading Down 0.2%

VYM stock opened at $161.28 on Friday. The company’s 50 day moving average is $159.12 and its 200 day moving average is $154.21. The stock has a market cap of $80.60 billion, a price-to-earnings ratio of 17.79 and a beta of 0.73. Vanguard High Dividend Yield ETF has a 1-year low of $132.01 and a 1-year high of $161.93.

Vanguard High Dividend Yield ETF Company 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.