BankPlus Trust Department Invests $824,000 in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

BankPlus Trust Department bought a new stake in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 6,458 shares of the company’s stock, valued at approximately $824,000.

A number of other large investors also recently modified their holdings of VYM. Portland Financial Advisors Inc acquired a new stake in Vanguard High Dividend Yield ETF during the fourth quarter worth approximately $1,370,000. Quartz Partners LLC increased its position in Vanguard High Dividend Yield ETF by 1.2% in the 4th quarter. Quartz Partners LLC now owns 11,328 shares of the company’s stock valued at $1,445,000 after acquiring an additional 133 shares during the period. Rothschild Investment LLC lifted its position in Vanguard High Dividend Yield ETF by 7.8% during the 4th quarter. Rothschild Investment LLC now owns 10,872 shares of the company’s stock worth $1,387,000 after acquiring an additional 789 shares during the period. IFP Advisors Inc grew its stake in shares of Vanguard High Dividend Yield ETF by 0.7% in the 4th quarter. IFP Advisors Inc now owns 88,632 shares of the company’s stock valued at $11,308,000 after purchasing an additional 599 shares during the last quarter. Finally, Cannon Wealth Management Services LLC grew its stake in shares of Vanguard High Dividend Yield ETF by 3.9% in the 4th quarter. Cannon Wealth Management Services LLC now owns 31,144 shares of the company’s stock valued at $4,108,000 after purchasing an additional 1,182 shares during the last quarter.

Vanguard High Dividend Yield ETF Trading Down 1.0 %

NYSEARCA:VYM opened at $133.32 on Monday. The stock’s 50 day simple moving average is $130.76 and its 200-day simple moving average is $129.30. Vanguard High Dividend Yield ETF has a 12-month low of $114.37 and a 12-month high of $135.10. The firm has a market cap of $60.37 billion, a P/E ratio of 15.88 and a beta of 0.70.

Vanguard High Dividend Yield ETF Company 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.