Dai ichi Life Insurance Company Ltd Decreases Position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Dai ichi Life Insurance Company Ltd decreased its holdings in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 29.9% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 41,107 shares of the company’s stock after selling 17,520 shares during the quarter. Dai ichi Life Insurance Company Ltd’s holdings in Vanguard High Dividend Yield ETF were worth $5,270,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in VYM. Chris Bulman Inc purchased a new stake in Vanguard High Dividend Yield ETF in the second quarter valued at approximately $26,000. Cultivar Capital Inc. purchased a new stake in Vanguard High Dividend Yield ETF in the second quarter valued at approximately $36,000. Highline Wealth Partners LLC purchased a new stake in Vanguard High Dividend Yield ETF in the third quarter valued at approximately $45,000. Clean Yield Group acquired a new position in shares of Vanguard High Dividend Yield ETF in the first quarter valued at approximately $44,000. Finally, Ridgewood Investments LLC acquired a new position in shares of Vanguard High Dividend Yield ETF in the second quarter valued at approximately $49,000.

Vanguard High Dividend Yield ETF Trading Up 0.0 %

NYSEARCA:VYM opened at $134.46 on Wednesday. The firm has a market cap of $60.88 billion, a P/E ratio of 15.88 and a beta of 0.70. The stock’s 50 day simple moving average is $129.74 and its 200-day simple moving average is $124.41. Vanguard High Dividend Yield ETF has a 12-month low of $105.37 and a 12-month high of $134.98.

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.