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

Park Avenue Securities LLC increased its stake in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 2.5% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 64,062 shares of the company’s stock after purchasing an additional 1,556 shares during the period. Park Avenue Securities LLC’s holdings in Vanguard High Dividend Yield ETF were worth $8,213,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently made changes to their positions in the stock. LPL Financial LLC grew its position in Vanguard High Dividend Yield ETF by 4.6% during the second quarter. LPL Financial LLC now owns 5,223,678 shares of the company’s stock valued at $619,528,000 after buying an additional 228,580 shares during the period. Envestnet Asset Management Inc. grew its position in Vanguard High Dividend Yield ETF by 1.2% during the second quarter. Envestnet Asset Management Inc. now owns 5,000,642 shares of the company’s stock valued at $593,076,000 after buying an additional 59,826 shares during the period. Vanguard Group Inc. grew its position in Vanguard High Dividend Yield ETF by 0.5% during the first quarter. Vanguard Group Inc. now owns 3,246,447 shares of the company’s stock valued at $392,788,000 after buying an additional 16,021 shares during the period. Mercer Global Advisors Inc. ADV grew its position in Vanguard High Dividend Yield ETF by 7.4% during the second 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. Finally, Commonwealth Equity Services LLC grew its position in Vanguard High Dividend Yield ETF by 6.5% during the second quarter. Commonwealth Equity Services LLC now owns 2,127,603 shares of the company’s stock valued at $252,334,000 after buying an additional 129,582 shares during the period.

Vanguard High Dividend Yield ETF Trading Up 0.9 %

NYSEARCA VYM traded up $1.09 during trading hours on Friday, hitting $128.68. 639,346 shares of the company’s stock traded hands, compared to its average volume of 923,334. The firm has a market capitalization of $58.27 billion, a P/E ratio of 15.88 and a beta of 0.70. Vanguard High Dividend Yield ETF has a 52 week low of $98.40 and a 52 week high of $128.77. The business’s fifty day moving average price is $124.75 and its two-hundred day moving average price is $121.14.

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.