1,895 Shares in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) Bought by PKS Advisory Services LLC

PKS Advisory Services LLC acquired a new stake in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 1,895 shares of the company’s stock, valued at approximately $242,000.

Other large investors have also recently made changes to their positions in the company. Raymond James Financial Inc. bought a new position in Vanguard High Dividend Yield ETF during the fourth quarter valued at about $921,398,000. LPL Financial LLC grew its position in shares of Vanguard High Dividend Yield ETF by 4.5% during the 4th quarter. LPL Financial LLC now owns 5,643,230 shares of the company’s stock valued at $720,020,000 after acquiring an additional 243,681 shares during the period. Commonwealth Equity Services LLC increased its stake in shares of Vanguard High Dividend Yield ETF by 8.3% during the 4th quarter. Commonwealth Equity Services LLC now owns 2,343,545 shares of the company’s stock worth $299,013,000 after purchasing an additional 179,703 shares during the last quarter. JPMorgan Chase & Co. raised its holdings in shares of Vanguard High Dividend Yield ETF by 0.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 2,164,681 shares of the company’s stock worth $277,512,000 after purchasing an additional 9,363 shares during the period. Finally, The Manufacturers Life Insurance Company lifted its stake in Vanguard High Dividend Yield ETF by 6.8% in the third quarter. The Manufacturers Life Insurance Company now owns 1,889,775 shares of the company’s stock valued at $242,269,000 after purchasing an additional 121,099 shares during the last quarter.

Vanguard High Dividend Yield ETF Price Performance

NYSEARCA:VYM opened at $129.18 on Wednesday. The company has a market capitalization of $59.40 billion, a P/E ratio of 18.95 and a beta of 0.83. The business has a fifty day simple moving average of $131.68 and a two-hundred day simple moving average of $130.24. Vanguard High Dividend Yield ETF has a 1 year low of $114.37 and a 1 year high of $135.10.

Vanguard High Dividend Yield ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Tuesday, March 25th. Investors of record on Friday, March 21st were issued a $0.85 dividend. The ex-dividend date was Friday, March 21st.

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.