The Manufacturers Life Insurance Company Reduces Stock Holdings in Vanguard High Dividend Yield ETF $VYM

The Manufacturers Life Insurance Company reduced its position in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 65.3% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 10,086 shares of the company’s stock after selling 19,000 shares during the quarter. The Manufacturers Life Insurance Company’s holdings in Vanguard High Dividend Yield ETF were worth $1,594,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the business. SVB Wealth LLC bought a new position in shares of Vanguard High Dividend Yield ETF in the 2nd quarter worth approximately $1,177,000. Capital Advantage Inc. grew its position in Vanguard High Dividend Yield ETF by 11.5% during the second quarter. Capital Advantage Inc. now owns 17,815 shares of the company’s stock valued at $2,815,000 after buying an additional 1,838 shares during the period. Pinnacle Wealth Management Advisory Group LLC increased its holdings in Vanguard High Dividend Yield ETF by 1.7% during the second quarter. Pinnacle Wealth Management Advisory Group LLC now owns 312,243 shares of the company’s stock valued at $49,344,000 after buying an additional 5,338 shares during the last quarter. NorthRock Partners LLC increased its holdings in Vanguard High Dividend Yield ETF by 13.1% during the second quarter. NorthRock Partners LLC now owns 8,029 shares of the company’s stock valued at $1,269,000 after buying an additional 931 shares during the last quarter. Finally, Integrated Wealth Concepts LLC raised its position in Vanguard High Dividend Yield ETF by 1.9% in the second quarter. Integrated Wealth Concepts LLC now owns 236,641 shares of the company’s stock worth $37,396,000 after acquiring an additional 4,359 shares during the period.

Vanguard High Dividend Yield ETF Price Performance

Shares of Vanguard High Dividend Yield ETF stock opened at $162.92 on Monday. The company’s fifty day simple moving average is $163.25 and its 200-day simple moving average is $157.64. The stock has a market capitalization of $81.42 billion, a PE ratio of 17.79 and a beta of 0.73. Vanguard High Dividend Yield ETF has a 1-year low of $137.42 and a 1-year high of $167.61.

Vanguard High Dividend Yield ETF Company Profile

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.