PKS Advisory Services LLC Acquires Shares of 1,895 Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

PKS Advisory Services LLC bought a new position in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 1,895 shares of the company’s stock, valued at approximately $242,000.

A number of other large investors also recently modified their holdings of the company. Citigroup Inc. increased its position in shares of Vanguard High Dividend Yield ETF by 13.1% during the third quarter. Citigroup Inc. now owns 116,959 shares of the company’s stock worth $14,994,000 after acquiring an additional 13,545 shares in the last quarter. Summit Trail Advisors LLC increased its holdings in Vanguard High Dividend Yield ETF by 2.2% during the 3rd quarter. Summit Trail Advisors LLC now owns 5,409 shares of the company’s stock worth $693,000 after purchasing an additional 115 shares in the last quarter. Daiwa Securities Group Inc. raised its stake in shares of Vanguard High Dividend Yield ETF by 6.8% in the third quarter. Daiwa Securities Group Inc. now owns 4,270 shares of the company’s stock worth $547,000 after purchasing an additional 270 shares during the last quarter. Brown Brothers Harriman & Co. lifted its holdings in shares of Vanguard High Dividend Yield ETF by 379.9% in the third quarter. Brown Brothers Harriman & Co. now owns 35,032 shares of the company’s stock valued at $4,491,000 after purchasing an additional 27,732 shares in the last quarter. Finally, Private Trust Co. NA boosted its position in shares of Vanguard High Dividend Yield ETF by 1.4% during the third quarter. Private Trust Co. NA now owns 14,247 shares of the company’s stock valued at $1,826,000 after buying an additional 192 shares during the last quarter.

Vanguard High Dividend Yield ETF Trading Down 0.4 %

Shares of NYSEARCA:VYM opened at $129.18 on Wednesday. The stock has a market cap of $59.40 billion, a PE ratio of 18.95 and a beta of 0.83. The stock’s fifty day simple moving average is $131.68 and its two-hundred day simple moving average is $130.24. Vanguard High Dividend Yield ETF has a 1-year low of $114.37 and a 1-year high of $135.10.

Vanguard High Dividend Yield ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Tuesday, March 25th. Investors of record on Friday, March 21st were given a dividend of $0.85 per share. The ex-dividend date was Friday, March 21st.

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.