Keudell Morrison Wealth Management Takes Position in Vanguard High Dividend Yield ETF $VYM

Keudell Morrison Wealth Management bought a new stake in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund bought 74,511 shares of the company’s stock, valued at approximately $10,694,000. Vanguard High Dividend Yield ETF comprises approximately 2.2% of Keudell Morrison Wealth Management’s portfolio, making the stock its 10th largest position.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Prospect Financial Services LLC lifted its stake in shares of Vanguard High Dividend Yield ETF by 15.0% in the 4th quarter. Prospect Financial Services LLC now owns 13,842 shares of the company’s stock valued at $1,987,000 after acquiring an additional 1,803 shares during the last quarter. Axxcess Wealth Management LLC lifted its stake in shares of Vanguard High Dividend Yield ETF by 3,723.9% in the 4th quarter. Axxcess Wealth Management LLC now owns 296,771 shares of the company’s stock valued at $42,592,000 after acquiring an additional 289,010 shares during the last quarter. Northwest Wealth Advisors LLC bought a new stake in shares of Vanguard High Dividend Yield ETF in the 4th quarter valued at about $349,000. Kingdom Financial Group LLC. bought a new stake in shares of Vanguard High Dividend Yield ETF in the 4th quarter valued at about $272,000. Finally, BOK Financial Private Wealth Inc. lifted its stake in shares of Vanguard High Dividend Yield ETF by 34.5% in the 4th quarter. BOK Financial Private Wealth Inc. now owns 21,394 shares of the company’s stock valued at $3,070,000 after acquiring an additional 5,485 shares during the last quarter.

Vanguard High Dividend Yield ETF Trading Up 0.3%

NYSEARCA VYM opened at $157.25 on Friday. Vanguard High Dividend Yield ETF has a 1-year low of $126.00 and a 1-year high of $157.63. The stock has a 50-day moving average of $152.18 and a 200-day moving average of $149.06. The firm has a market cap of $77.12 billion, a PE ratio of 17.79 and a beta of 0.73.

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.