Pillar Financial Advisors LLC Invests $41,000 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 fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 320 shares of the company’s stock, valued at approximately $41,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. BSW Wealth Partners raised its stake in shares of Vanguard High Dividend Yield ETF by 1.9% during the 4th quarter. BSW Wealth Partners now owns 4,094 shares of the company’s stock worth $522,000 after purchasing an additional 76 shares in the last quarter. BLB&B Advisors LLC raised its stake in Vanguard High Dividend Yield ETF by 5.0% in the 4th quarter. BLB&B Advisors LLC now owns 1,650 shares of the company’s stock valued at $210,000 after acquiring an additional 79 shares during the period. Constant Guidance Financial LLC raised its stake in Vanguard High Dividend Yield ETF by 0.7% in the 4th quarter. Constant Guidance Financial LLC now owns 12,086 shares of the company’s stock valued at $1,542,000 after acquiring an additional 81 shares during the period. Verus Capital Partners LLC raised its stake in Vanguard High Dividend Yield ETF by 0.6% in the 3rd quarter. Verus Capital Partners LLC now owns 14,164 shares of the company’s stock valued at $1,816,000 after acquiring an additional 85 shares during the period. Finally, Bogart Wealth LLC raised its stake in Vanguard High Dividend Yield ETF by 1.0% in the 4th quarter. Bogart Wealth LLC now owns 9,140 shares of the company’s stock valued at $1,166,000 after acquiring an additional 92 shares during the period.

Vanguard High Dividend Yield ETF Trading Up 1.3 %

VYM opened at $131.23 on Friday. Vanguard High Dividend Yield ETF has a 1-year low of $114.37 and a 1-year high of $135.10. The stock’s fifty day simple moving average is $131.40 and its 200 day simple moving average is $129.89. The stock has a market cap of $60.22 billion, a PE ratio of 19.65 and a beta of 0.85.

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.