Daiwa Securities Group Inc. Sells 600 Shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Daiwa Securities Group Inc. cut its stake in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 13.0% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 4,000 shares of the company’s stock after selling 600 shares during the quarter. Daiwa Securities Group Inc.’s holdings in Vanguard High Dividend Yield ETF were worth $474,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Sachetta LLC bought a new stake in Vanguard High Dividend Yield ETF during the 4th quarter worth approximately $26,000. Chris Bulman Inc bought a new position in shares of Vanguard High Dividend Yield ETF during the 2nd quarter worth approximately $26,000. Central Pacific Bank Trust Division bought a new position in shares of Vanguard High Dividend Yield ETF during the 1st quarter worth approximately $27,000. Cultivar Capital Inc. acquired a new stake in shares of Vanguard High Dividend Yield ETF in the 2nd quarter valued at approximately $36,000. Finally, Dixon Mitchell Investment Counsel Inc. acquired a new position in Vanguard High Dividend Yield ETF during the first quarter worth $44,000.

Vanguard High Dividend Yield ETF Price Performance

Shares of VYM opened at $126.91 on Tuesday. The company has a market cap of $57.46 billion, a PE ratio of 15.88 and a beta of 0.70. The firm has a 50-day moving average of $123.21 and a 200-day moving average of $120.17. Vanguard High Dividend Yield ETF has a one year low of $98.40 and a one year high of $127.50.

Vanguard High Dividend Yield ETF Profile

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.