Vanguard High Dividend Yield ETF (VYM) Shares Bought by Parsec Financial Management Inc.

Share on StockTwits

Parsec Financial Management Inc. grew its position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 6.6% during the third quarter, HoldingsChannel reports. The institutional investor owned 388,900 shares of the company’s stock after acquiring an additional 23,941 shares during the quarter. Vanguard High Dividend Yield ETF comprises 2.1% of Parsec Financial Management Inc.’s investment portfolio, making the stock its 8th largest holding. Parsec Financial Management Inc.’s holdings in Vanguard High Dividend Yield ETF were worth $33,869,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Polaris Greystone Financial Group LLC boosted its holdings in shares of Vanguard High Dividend Yield ETF by 152.0% in the 3rd quarter. Polaris Greystone Financial Group LLC now owns 1,182 shares of the company’s stock valued at $103,000 after buying an additional 713 shares in the last quarter. BerganKDV Wealth Management LLC bought a new stake in shares of Vanguard High Dividend Yield ETF in the 2nd quarter valued at about $108,000. Signaturefd LLC boosted its stake in Vanguard High Dividend Yield ETF by 112.3% in the 2nd quarter. Signaturefd LLC now owns 1,482 shares of the company’s stock worth $123,000 after purchasing an additional 784 shares in the last quarter. Delta Asset Management LLC TN boosted its stake in Vanguard High Dividend Yield ETF by 603.1% in the 2nd quarter. Delta Asset Management LLC TN now owns 1,603 shares of the company’s stock worth $133,000 after purchasing an additional 1,375 shares in the last quarter. Finally, Assetmark Inc. boosted its stake in Vanguard High Dividend Yield ETF by 104.4% in the 2nd quarter. Assetmark Inc. now owns 1,711 shares of the company’s stock worth $142,000 after purchasing an additional 874 shares in the last quarter.

VYM stock traded up $1.42 during trading on Tuesday, reaching $83.13. The company had a trading volume of 2,585,076 shares, compared to its average volume of 856,554. Vanguard High Dividend Yield ETF has a twelve month low of $79.78 and a twelve month high of $90.93.

The business also recently announced a quarterly dividend, which was paid on Monday, October 1st. Investors of record on Thursday, September 27th were paid a $0.6718 dividend. The ex-dividend date was Wednesday, September 26th. This is a boost from Vanguard High Dividend Yield ETF’s previous quarterly dividend of $0.61. This represents a $2.69 dividend on an annualized basis and a yield of 3.23%.

See Also: What factors cause inflation to rise?

Want to see what other hedge funds are holding VYM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Vanguard High Dividend Yield ETF (NYSEARCA:VYM).

Institutional Ownership by Quarter for Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Receive News & Ratings for Vanguard High Dividend Yield ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vanguard High Dividend Yield ETF and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply