Bank of Hawaii Lowers Stock Holdings in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Bank of Hawaii lowered its stake in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 19.2% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 380,538 shares of the company’s stock after selling 90,329 shares during the period. Vanguard High Dividend Yield ETF makes up approximately 2.0% of Bank of Hawaii’s portfolio, making the stock its 13th biggest holding. Bank of Hawaii owned about 0.08% of Vanguard High Dividend Yield ETF worth $48,785,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. LPL Financial LLC lifted its stake in shares of Vanguard High Dividend Yield ETF by 4.6% in the 2nd quarter. LPL Financial LLC now owns 5,223,678 shares of the company’s stock worth $619,528,000 after acquiring an additional 228,580 shares during the period. Envestnet Asset Management Inc. lifted its position in Vanguard High Dividend Yield ETF by 1.2% in the second quarter. Envestnet Asset Management Inc. now owns 5,000,642 shares of the company’s stock valued at $593,076,000 after purchasing an additional 59,826 shares during the period. Vanguard Group Inc. boosted its holdings in Vanguard High Dividend Yield ETF by 0.5% in the 1st quarter. Vanguard Group Inc. now owns 3,246,447 shares of the company’s stock valued at $392,788,000 after purchasing an additional 16,021 shares in the last quarter. Mercer Global Advisors Inc. ADV increased its position in Vanguard High Dividend Yield ETF by 7.4% during the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 2,226,818 shares of the company’s stock worth $247,649,000 after purchasing an additional 153,146 shares during the period. Finally, Commonwealth Equity Services LLC raised its stake in shares of Vanguard High Dividend Yield ETF by 1.7% during the 3rd quarter. Commonwealth Equity Services LLC now owns 2,163,842 shares of the company’s stock worth $277,405,000 after buying an additional 36,239 shares in the last quarter.

Vanguard High Dividend Yield ETF Price Performance

Vanguard High Dividend Yield ETF stock opened at $133.62 on Monday. The stock’s 50 day moving average price is $129.44 and its 200 day moving average price is $124.20. The company has a market cap of $60.50 billion, a PE ratio of 15.88 and a beta of 0.70. Vanguard High Dividend Yield ETF has a 1-year low of $105.37 and a 1-year high of $133.74.

Vanguard High Dividend Yield ETF Company 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.