First Hawaiian Bank Lowers Position in Vanguard High Dividend Yield ETF $VYM

First Hawaiian Bank lowered its position in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 2.9% during the second quarter, Holdings Channel reports. The institutional investor owned 150,576 shares of the company’s stock after selling 4,502 shares during the quarter. Vanguard High Dividend Yield ETF comprises approximately 3.0% of First Hawaiian Bank’s investment portfolio, making the stock its 5th largest holding. First Hawaiian Bank’s holdings in Vanguard High Dividend Yield ETF were worth $23,796,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. Concurrent Investment Advisors LLC lifted its position in Vanguard High Dividend Yield ETF by 9.2% during the fourth quarter. Concurrent Investment Advisors LLC now owns 180,798 shares of the company’s stock worth $25,948,000 after acquiring an additional 15,173 shares during the last quarter. MOKAN Wealth Management Inc. grew its position in shares of Vanguard High Dividend Yield ETF by 48.9% in the fourth quarter. MOKAN Wealth Management Inc. now owns 12,190 shares of the company’s stock valued at $1,750,000 after purchasing an additional 4,003 shares during the last quarter. Financially in Tune LLC acquired a new position in shares of Vanguard High Dividend Yield ETF in the fourth quarter valued at approximately $8,049,000. Oppenheimer & Co. Inc. increased its stake in shares of Vanguard High Dividend Yield ETF by 45.3% during the fourth quarter. Oppenheimer & Co. Inc. now owns 16,850 shares of the company’s stock worth $2,418,000 after purchasing an additional 5,255 shares during the period. Finally, State Farm Mutual Automobile Insurance Co. increased its stake in shares of Vanguard High Dividend Yield ETF by 29.4% during the fourth quarter. State Farm Mutual Automobile Insurance Co. now owns 218,597 shares of the company’s stock worth $31,373,000 after purchasing an additional 49,694 shares during the period.

Vanguard High Dividend Yield ETF Trading Up 0.3%

NYSEARCA:VYM opened at $166.67 on Thursday. The stock has a market cap of $83.29 billion, a P/E ratio of 17.79 and a beta of 0.73. The stock has a 50 day simple moving average of $160.76 and a 200 day simple moving average of $155.85. Vanguard High Dividend Yield ETF has a 1-year low of $136.63 and a 1-year high of $166.83.

About Vanguard High Dividend Yield ETF

Vanguard High Dividend Yield ETF (NYSEARCA: VYM) is an exchange-traded fund designed to track the performance of the FTSE High Dividend Yield Index. The fund seeks to provide exposure to U.S. companies that are forecast to pay above-average dividends, offering investors a diversified way to access income-generating equities.

The ETF primarily invests in large-cap U.S. stocks across a range of sectors, with holdings selected for their dividend characteristics rather than active stock-picking.