Cornerstone Advisory LLC Has $52.39 Million Holdings in Vanguard High Dividend Yield ETF $VYM

Cornerstone Advisory LLC lifted its holdings in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 2.4% during the 1st quarter, Holdings Channel.com reports. The firm owned 353,720 shares of the company’s stock after purchasing an additional 8,164 shares during the period. Vanguard High Dividend Yield ETF comprises 5.0% of Cornerstone Advisory LLC’s portfolio, making the stock its 3rd largest holding. Cornerstone Advisory LLC’s holdings in Vanguard High Dividend Yield ETF were worth $52,386,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Asempa Wealth Advisors bought a new position in shares of Vanguard High Dividend Yield ETF in the fourth quarter worth about $880,000. Commons Capital LLC lifted its position in shares of Vanguard High Dividend Yield ETF by 32.0% during the fourth quarter. Commons Capital LLC now owns 25,380 shares of the company’s stock worth $3,642,000 after purchasing an additional 6,154 shares in the last quarter. Concurrent Investment Advisors LLC grew its stake in shares of Vanguard High Dividend Yield ETF by 9.2% during the fourth quarter. Concurrent Investment Advisors LLC now owns 180,798 shares of the company’s stock valued at $25,948,000 after purchasing an additional 15,173 shares during the last quarter. Martel Wealth Advisors Inc grew its stake in shares of Vanguard High Dividend Yield ETF by 2.5% during the fourth quarter. Martel Wealth Advisors Inc now owns 726,001 shares of the company’s stock valued at $104,196,000 after purchasing an additional 17,498 shares during the last quarter. Finally, CGN Advisors LLC increased its holdings in shares of Vanguard High Dividend Yield ETF by 23.2% in the fourth quarter. CGN Advisors LLC now owns 21,374 shares of the company’s stock valued at $3,068,000 after purchasing an additional 4,027 shares in the last quarter.

Vanguard High Dividend Yield ETF Stock Down 0.4%

VYM stock opened at $160.18 on Wednesday. The company has a market cap of $80.05 billion, a P/E ratio of 17.79 and a beta of 0.73. Vanguard High Dividend Yield ETF has a twelve month low of $132.01 and a twelve month high of $161.67. The business has a fifty day moving average of $158.49 and a 200-day moving average of $153.42.

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.