Paladin Advisory Group LLC Has $489,000 Stock Position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Paladin Advisory Group LLC grew its position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 2.4% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 4,377 shares of the company’s stock after buying an additional 101 shares during the period. Paladin Advisory Group LLC’s holdings in Vanguard High Dividend Yield ETF were worth $489,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Providence Capital Advisors LLC acquired a new stake in shares of Vanguard High Dividend Yield ETF in the 3rd quarter valued at $25,000. Sunbelt Securities Inc. bought a new position in Vanguard High Dividend Yield ETF during the first quarter worth about $32,000. Halpern Financial Inc. bought a new position in Vanguard High Dividend Yield ETF during the fourth quarter worth about $34,000. BluePath Capital Management LLC bought a new position in Vanguard High Dividend Yield ETF during the third quarter worth about $39,000. Finally, Fortitude Family Office LLC bought a new position in Vanguard High Dividend Yield ETF during the fourth quarter worth about $45,000.

Vanguard High Dividend Yield ETF Stock Performance

VYM stock traded up $0.96 during midday trading on Friday, hitting $115.93. 1,042,991 shares of the company’s stock were exchanged, compared to its average volume of 1,147,445. The stock’s fifty day moving average price is $116.90 and its 200-day moving average price is $110.64. The company has a market cap of $52.49 billion, a PE ratio of 15.82 and a beta of 0.73. Vanguard High Dividend Yield ETF has a one year low of $98.40 and a one year high of $121.29.

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.