Parsons Capital Management Inc. RI Acquires 4,303 Shares of Vanguard High Dividend Yield ETF $VYM

Parsons Capital Management Inc. RI increased its holdings in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 14.2% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 34,652 shares of the company’s stock after acquiring an additional 4,303 shares during the period. Parsons Capital Management Inc. RI’s holdings in Vanguard High Dividend Yield ETF were worth $4,973,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. D.A. Davidson & CO. lifted its stake in Vanguard High Dividend Yield ETF by 9.7% during the 3rd quarter. D.A. Davidson & CO. now owns 761,156 shares of the company’s stock valued at $107,285,000 after acquiring an additional 67,412 shares in the last quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors boosted its holdings in Vanguard High Dividend Yield ETF by 55.5% during the 3rd quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 10,938 shares of the company’s stock worth $1,542,000 after acquiring an additional 3,903 shares during the last quarter. Asempa Wealth Advisors bought a new stake in shares of Vanguard High Dividend Yield ETF in the 4th quarter worth $880,000. Aspire Capital Advisors LLC grew its stake in shares of Vanguard High Dividend Yield ETF by 44.0% in the 3rd quarter. Aspire Capital Advisors LLC now owns 39,556 shares of the company’s stock worth $5,575,000 after acquiring an additional 12,080 shares in the last quarter. Finally, Etesian Wealth Advisors Inc. raised its holdings in shares of Vanguard High Dividend Yield ETF by 103.8% in the third quarter. Etesian Wealth Advisors Inc. now owns 12,225 shares of the company’s stock valued at $1,723,000 after purchasing an additional 6,225 shares during the last quarter.

Vanguard High Dividend Yield ETF Price Performance

VYM opened at $147.22 on Friday. The company’s 50-day moving average is $151.37 and its 200 day moving average is $145.58. Vanguard High Dividend Yield ETF has a fifty-two week low of $112.05 and a fifty-two week high of $157.29. The firm has a market capitalization of $70.75 billion, a P/E ratio of 17.79 and a beta of 0.79.

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.