The Manufacturers Life Insurance Company Acquires 31,404 Shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

The Manufacturers Life Insurance Company raised its holdings in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 1.8% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,768,676 shares of the company’s stock after acquiring an additional 31,404 shares during the quarter. The Manufacturers Life Insurance Company owned approximately 0.39% of Vanguard High Dividend Yield ETF worth $209,252,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. Cresset Asset Management LLC grew its holdings in Vanguard High Dividend Yield ETF by 6.2% during the fourth quarter. Cresset Asset Management LLC now owns 106,796 shares of the company’s stock valued at $11,922,000 after purchasing an additional 6,242 shares during the period. NBC Securities Inc. lifted its holdings in Vanguard High Dividend Yield ETF by 19.6% during the first quarter. NBC Securities Inc. now owns 12,631 shares of the company’s stock valued at $1,528,000 after purchasing an additional 2,074 shares in the last quarter. Diversified Trust Co boosted its position in shares of Vanguard High Dividend Yield ETF by 49.9% in the first quarter. Diversified Trust Co now owns 24,386 shares of the company’s stock worth $2,950,000 after purchasing an additional 8,116 shares during the period. Vanguard Group Inc. increased its stake in shares of Vanguard High Dividend Yield ETF by 0.3% in the fourth quarter. Vanguard Group Inc. now owns 3,230,426 shares of the company’s stock worth $360,612,000 after purchasing an additional 9,362 shares in the last quarter. Finally, WNY Asset Management LLC raised its position in shares of Vanguard High Dividend Yield ETF by 41.0% during the 4th quarter. WNY Asset Management LLC now owns 7,908 shares of the company’s stock valued at $883,000 after purchasing an additional 2,299 shares during the period.

Vanguard High Dividend Yield ETF Stock Performance

Shares of VYM stock opened at $127.40 on Friday. The stock has a fifty day simple moving average of $124.00 and a two-hundred day simple moving average of $120.66. The firm has a market capitalization of $57.69 billion, a PE ratio of 15.88 and a beta of 0.70. Vanguard High Dividend Yield ETF has a 52-week low of $98.40 and a 52-week high of $128.43.

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.