Vanguard High Dividend Yield ETF $VYM is Rakuten Investment Management Inc.’s 10th Largest Position

Rakuten Investment Management Inc. cut its stake in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 40.3% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,695,054 shares of the company’s stock after selling 1,142,054 shares during the quarter. Vanguard High Dividend Yield ETF comprises approximately 0.8% of Rakuten Investment Management Inc.’s investment portfolio, making the stock its 10th biggest position. Rakuten Investment Management Inc. owned about 0.34% of Vanguard High Dividend Yield ETF worth $268,581,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Financially in Tune LLC acquired a new stake in Vanguard High Dividend Yield ETF in the 4th quarter valued at approximately $8,049,000. Oppenheimer & Co. Inc. lifted its holdings 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 buying an additional 5,255 shares during the last quarter. State Farm Mutual Automobile Insurance Co. boosted its position in shares of Vanguard High Dividend Yield ETF by 29.4% in the fourth quarter. State Farm Mutual Automobile Insurance Co. now owns 218,597 shares of the company’s stock valued at $31,373,000 after acquiring an additional 49,694 shares during the period. Indivisible Partners bought a new stake in shares of Vanguard High Dividend Yield ETF in the fourth quarter valued at approximately $781,000. Finally, Arsenal Capital Advisors LLC acquired a new stake in shares of Vanguard High Dividend Yield ETF in the fourth quarter worth $2,607,000.

Vanguard High Dividend Yield ETF Price Performance

NYSEARCA:VYM opened at $164.25 on Friday. The stock has a market cap of $82.08 billion, a P/E ratio of 17.79 and a beta of 0.73. Vanguard High Dividend Yield ETF has a one year low of $137.42 and a one year high of $167.61. The company has a fifty day moving average price of $162.24 and a 200 day moving average price of $157.05.

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.