Paragon Financial Partners Inc. Sells 153 Shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Paragon Financial Partners Inc. cut its holdings in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 0.1% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 125,638 shares of the company’s stock after selling 153 shares during the quarter. Vanguard High Dividend Yield ETF comprises approximately 11.6% of Paragon Financial Partners Inc.’s investment portfolio, making the stock its 2nd biggest position. Paragon Financial Partners Inc.’s holdings in Vanguard High Dividend Yield ETF were worth $14,901,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Sachetta LLC purchased a new stake in Vanguard High Dividend Yield ETF during the 4th quarter worth about $26,000. Central Pacific Bank Trust Division purchased a new stake in shares of Vanguard High Dividend Yield ETF during the 1st quarter worth approximately $27,000. JNBA Financial Advisors acquired a new stake in shares of Vanguard High Dividend Yield ETF in the fourth quarter valued at approximately $33,000. First United Bank & Trust acquired a new position in shares of Vanguard High Dividend Yield ETF in the fourth quarter valued at approximately $33,000. Finally, Cultivar Capital Inc. acquired a new position in shares of Vanguard High Dividend Yield ETF during the 2nd quarter valued at about $36,000.

Vanguard High Dividend Yield ETF Price Performance

Shares of NYSEARCA:VYM opened at $125.78 on Wednesday. Vanguard High Dividend Yield ETF has a 12 month low of $98.40 and a 12 month high of $127.50. The business has a 50-day moving average of $122.07 and a two-hundred day moving average of $119.54. The firm has a market capitalization of $56.95 billion, a PE ratio of 15.88 and a beta of 0.70.

About Vanguard High Dividend Yield ETF

The Vanguard High Dividend Yield Index Fund (VYM) is an exchange-traded fund that is based on the FTSE Custom High Dividend Yield index. The fund tracks the FTSE High Dividend Yield Index. The index selects high-dividend-paying US companies, excluding REITS, and weights them by market cap. VYM was launched on Nov 10, 2006 and is managed by Vanguard.