Vanguard High Dividend Yield ETF (NYSEARCA:VYM) Holdings Lifted by Rakuten Securities Inc.

Rakuten Securities Inc. increased its holdings in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 684.3% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 4,941 shares of the company’s stock after purchasing an additional 4,311 shares during the quarter. Rakuten Securities Inc.’s holdings in Vanguard High Dividend Yield ETF were worth $630,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. FSA Wealth Management LLC purchased a new position in shares of Vanguard High Dividend Yield ETF during the third quarter valued at $26,000. Valley Wealth Managers Inc. grew its stake in Vanguard High Dividend Yield ETF by 314.8% in the fourth quarter. Valley Wealth Managers Inc. now owns 253 shares of the company’s stock valued at $32,000 after purchasing an additional 192 shares in the last quarter. Decker Retirement Planning Inc. purchased a new position in Vanguard High Dividend Yield ETF in the fourth quarter valued at about $39,000. Wingate Wealth Advisors Inc. purchased a new position in Vanguard High Dividend Yield ETF in the fourth quarter valued at about $39,000. Finally, Pillar Financial Advisors LLC purchased a new position in Vanguard High Dividend Yield ETF in the fourth quarter valued at about $41,000.

Vanguard High Dividend Yield ETF Price Performance

Shares of NYSEARCA VYM opened at $127.91 on Wednesday. The business’s 50-day moving average price is $131.45 and its two-hundred day moving average price is $130.02. Vanguard High Dividend Yield ETF has a one year low of $114.37 and a one year high of $135.10. The company has a market capitalization of $58.69 billion, a P/E 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.