First Hawaiian Bank Sells 2,822 Shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

First Hawaiian Bank decreased its holdings in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 1.6% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 172,909 shares of the company’s stock after selling 2,822 shares during the period. Vanguard High Dividend Yield ETF comprises about 0.7% of First Hawaiian Bank’s investment portfolio, making the stock its 17th biggest holding. First Hawaiian Bank’s holdings in Vanguard High Dividend Yield ETF were worth $20,507,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of VYM. Transcend Capital Advisors LLC lifted its stake in Vanguard High Dividend Yield ETF by 1.7% during the 2nd quarter. Transcend Capital Advisors LLC now owns 121,985 shares of the company’s stock valued at $14,467,000 after acquiring an additional 2,049 shares during the period. Capital Market Strategies LLC lifted its position in Vanguard High Dividend Yield ETF by 5.6% during the second quarter. Capital Market Strategies LLC now owns 2,063 shares of the company’s stock valued at $245,000 after purchasing an additional 110 shares during the period. Moller Wealth Partners purchased a new stake in Vanguard High Dividend Yield ETF in the second quarter worth approximately $442,000. Jackson Wealth Management LLC bought a new stake in Vanguard High Dividend Yield ETF in the 1st quarter worth approximately $2,199,000. Finally, EverSource Wealth Advisors LLC raised its stake in Vanguard High Dividend Yield ETF by 15.8% during the 1st quarter. EverSource Wealth Advisors LLC now owns 17,722 shares of the company’s stock valued at $2,064,000 after buying an additional 2,421 shares during the last quarter.

Vanguard High Dividend Yield ETF Stock Performance

Shares of NYSEARCA VYM traded down $2.04 during midday trading on Friday, hitting $120.61. 1,166,159 shares of the stock traded hands, compared to its average volume of 967,542. Vanguard High Dividend Yield ETF has a one year low of $98.40 and a one year high of $125.07. The firm has a market capitalization of $54.61 billion, a P/E ratio of 15.88 and a beta of 0.70. The firm has a 50-day moving average of $120.20 and a two-hundred day moving average of $117.90.

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.