Parsons Capital Management Inc. RI Cuts Stock Holdings in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Parsons Capital Management Inc. RI decreased its position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 6.0% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 24,228 shares of the company’s stock after selling 1,541 shares during the quarter. Parsons Capital Management Inc. RI’s holdings in Vanguard High Dividend Yield ETF were worth $3,091,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently bought and sold shares of VYM. Mesirow Financial Investment Management Inc. lifted its position in Vanguard High Dividend Yield ETF by 101.2% in the 3rd quarter. Mesirow Financial Investment Management Inc. now owns 1,097,218 shares of the company’s stock worth $140,664,000 after buying an additional 552,003 shares during the last quarter. Accredited Investors Inc. lifted its position 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 purchasing an additional 397,558 shares during the last quarter. Sanctuary Advisors LLC bought a new stake in Vanguard High Dividend Yield ETF in the second quarter valued at approximately $27,104,000. Kovitz Investment Group Partners LLC lifted its position in Vanguard High Dividend Yield ETF by 4,879.6% in the third quarter. Kovitz Investment Group Partners LLC now owns 174,534 shares of the company’s stock valued at $22,101,000 after purchasing an additional 171,029 shares during the last quarter. Finally, Wharton Business Group LLC lifted its position in Vanguard High Dividend Yield ETF by 19.8% in the third quarter. Wharton Business Group LLC now owns 894,801 shares of the company’s stock valued at $114,713,000 after purchasing an additional 148,184 shares during the last quarter.

Vanguard High Dividend Yield ETF Stock Performance

Shares of VYM stock opened at $132.37 on Monday. The stock has a 50 day moving average price of $130.56 and a two-hundred day moving average price of $127.72. Vanguard High Dividend Yield ETF has a fifty-two week low of $111.31 and a fifty-two week high of $135.07. The company has a market capitalization of $59.93 billion, a P/E ratio of 15.88 and a beta of 0.70.

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.