Park Avenue Securities LLC Increases Stock Holdings in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Park Avenue Securities LLC grew its holdings in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 11.3% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 71,306 shares of the company’s stock after purchasing an additional 7,244 shares during the period. Park Avenue Securities LLC’s holdings in Vanguard High Dividend Yield ETF were worth $9,098,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Mercer Global Advisors Inc. ADV boosted its position in Vanguard High Dividend Yield ETF by 7.4% in the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 2,226,818 shares of the company’s stock valued at $247,649,000 after buying an additional 153,146 shares during the period. JPMorgan Chase & Co. raised its stake in shares of Vanguard High Dividend Yield ETF by 0.4% in the third quarter. JPMorgan Chase & Co. now owns 2,164,681 shares of the company’s stock valued at $277,512,000 after acquiring an additional 9,363 shares in the last quarter. Commonwealth Equity Services LLC boosted its holdings in Vanguard High Dividend Yield ETF by 1.7% in the third quarter. Commonwealth Equity Services LLC now owns 2,163,842 shares of the company’s stock valued at $277,405,000 after purchasing an additional 36,239 shares during the period. The Manufacturers Life Insurance Company increased its holdings in Vanguard High Dividend Yield ETF by 6.8% during the 3rd quarter. The Manufacturers Life Insurance Company now owns 1,889,775 shares of the company’s stock worth $242,269,000 after purchasing an additional 121,099 shares during the period. Finally, Janney Montgomery Scott LLC increased its holdings in Vanguard High Dividend Yield ETF by 1.1% during the 3rd quarter. Janney Montgomery Scott LLC now owns 1,785,400 shares of the company’s stock worth $228,888,000 after purchasing an additional 19,205 shares during the period.

Vanguard High Dividend Yield ETF Stock Performance

Shares of VYM opened at $128.28 on Wednesday. Vanguard High Dividend Yield ETF has a 1 year low of $109.47 and a 1 year high of $135.07. The stock has a market capitalization of $58.08 billion, a PE ratio of 15.88 and a beta of 0.70. The stock has a 50-day simple moving average of $130.56 and a 200-day simple moving average of $126.99.

Vanguard High Dividend Yield ETF Profile

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.