Livet Wealth LLC Invests $3.14 Million in Vanguard High Dividend Yield ETF $VYM

Livet Wealth LLC bought a new stake in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) in the 4th quarter, Holdings Channel reports. The institutional investor bought 21,843 shares of the company’s stock, valued at approximately $3,135,000. Vanguard High Dividend Yield ETF accounts for about 1.9% of Livet Wealth LLC’s investment portfolio, making the stock its 12th largest position.

Other institutional investors have also recently added to or reduced their stakes in the company. Lloyd Advisory Services LLC. acquired a new position in Vanguard High Dividend Yield ETF in the 4th quarter valued at about $25,000. Dorato Capital Management acquired a new position in Vanguard High Dividend Yield ETF in the 4th quarter valued at about $30,000. LRI Investments LLC raised its stake in Vanguard High Dividend Yield ETF by 400.0% in the 4th quarter. LRI Investments LLC now owns 250 shares of the company’s stock valued at $36,000 after purchasing an additional 200 shares during the last quarter. IFC & Insurance Marketing Inc. acquired a new position in Vanguard High Dividend Yield ETF in the 4th quarter valued at about $40,000. Finally, DecisionPoint Financial LLC acquired a new position in Vanguard High Dividend Yield ETF in the 4th quarter valued at about $44,000.

Vanguard High Dividend Yield ETF Trading Up 0.8%

Shares of VYM stock opened at $160.33 on Friday. The firm has a 50-day moving average price of $155.81 and a 200 day moving average price of $151.10. Vanguard High Dividend Yield ETF has a twelve month low of $129.11 and a twelve month high of $161.29. The company has a market capitalization of $78.64 billion, a price-to-earnings 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.