Pillar Financial Advisors LLC Makes New $41,000 Investment in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Pillar Financial Advisors LLC acquired a new position in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 320 shares of the company’s stock, valued at approximately $41,000.

Several other large investors have also recently added to or reduced their stakes in VYM. Raymond James Financial Inc. bought a new position in Vanguard High Dividend Yield ETF during the 4th quarter worth $921,398,000. SBI Securities Co. Ltd. acquired a new stake in shares of Vanguard High Dividend Yield ETF during the 4th quarter worth $77,577,000. Mesirow Financial Investment Management Inc. grew its holdings in shares of Vanguard High Dividend Yield ETF by 101.2% during the 3rd quarter. Mesirow Financial Investment Management Inc. now owns 1,097,218 shares of the company’s stock worth $140,664,000 after purchasing an additional 552,003 shares in the last quarter. Bell Bank boosted its stake in Vanguard High Dividend Yield ETF by 169.0% in the fourth quarter. Bell Bank now owns 696,473 shares of the company’s stock valued at $88,863,000 after buying an additional 437,527 shares in the last quarter. Finally, Accredited Investors Inc. boosted its stake in Vanguard High Dividend Yield ETF by 18,516.9% in the third quarter. Accredited Investors Inc. now owns 399,705 shares of the company’s stock valued at $51,242,000 after buying an additional 397,558 shares in the last quarter.

Vanguard High Dividend Yield ETF Stock Up 1.3 %

NYSEARCA:VYM opened at $131.23 on Friday. The stock’s 50-day simple moving average is $131.40 and its 200 day simple moving average is $129.89. The firm has a market capitalization of $60.22 billion, a PE ratio of 19.65 and a beta of 0.85. Vanguard High Dividend Yield ETF has a twelve month low of $114.37 and a twelve month high of $135.10.

Vanguard High Dividend Yield ETF Company 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.