Parkside Financial Bank & Trust Increases Stock Position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Parkside Financial Bank & Trust lifted its holdings in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 1.5% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 30,396 shares of the company’s stock after buying an additional 445 shares during the quarter. Parkside Financial Bank & Trust’s holdings in Vanguard High Dividend Yield ETF were worth $3,878,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. FSA Wealth Management LLC purchased a new stake in shares of Vanguard High Dividend Yield ETF during the 3rd quarter valued at approximately $26,000. Valley Wealth Managers Inc. lifted its stake in shares of Vanguard High Dividend Yield ETF by 314.8% during the 4th quarter. Valley Wealth Managers Inc. now owns 253 shares of the company’s stock valued at $32,000 after buying an additional 192 shares in the last quarter. Decker Retirement Planning Inc. purchased a new stake in shares of Vanguard High Dividend Yield ETF during the 4th quarter valued at approximately $39,000. Wingate Wealth Advisors Inc. purchased a new stake in shares of Vanguard High Dividend Yield ETF during the 4th quarter valued at approximately $39,000. Finally, Highline Wealth Partners LLC purchased a new stake in shares of Vanguard High Dividend Yield ETF during the 3rd quarter valued at approximately $45,000.

Vanguard High Dividend Yield ETF Trading Down 0.5 %

Shares of VYM stock opened at $132.18 on Friday. Vanguard High Dividend Yield ETF has a 12 month low of $114.37 and a 12 month high of $135.10. The stock has a market capitalization of $60.65 billion, a P/E ratio of 19.65 and a beta of 0.85. The firm’s 50 day moving average is $131.05 and its 200 day moving average is $129.52.

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.