Vanguard High Dividend Yield ETF $VYM Shares Purchased by Auto Owners Insurance Co

Auto Owners Insurance Co increased its position in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 125.2% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 724,200 shares of the company’s stock after purchasing an additional 402,667 shares during the quarter. Vanguard High Dividend Yield ETF accounts for approximately 2.2% of Auto Owners Insurance Co’s investment portfolio, making the stock its 11th largest holding. Auto Owners Insurance Co’s holdings in Vanguard High Dividend Yield ETF were worth $96,543,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of VYM. Clark Asset Management LLC raised its position in Vanguard High Dividend Yield ETF by 68.6% during the first quarter. Clark Asset Management LLC now owns 3,895 shares of the company’s stock valued at $502,000 after acquiring an additional 1,585 shares in the last quarter. Wesbanco Bank Inc. raised its position in Vanguard High Dividend Yield ETF by 205.0% during the second quarter. Wesbanco Bank Inc. now owns 9,912 shares of the company’s stock valued at $1,321,000 after acquiring an additional 6,662 shares in the last quarter. Richards Merrill & Peterson Inc. raised its position in Vanguard High Dividend Yield ETF by 8.9% during the second quarter. Richards Merrill & Peterson Inc. now owns 6,552 shares of the company’s stock valued at $873,000 after acquiring an additional 534 shares in the last quarter. LJI Wealth Management LLC raised its position in Vanguard High Dividend Yield ETF by 1.6% during the second quarter. LJI Wealth Management LLC now owns 10,199 shares of the company’s stock valued at $1,360,000 after acquiring an additional 163 shares in the last quarter. Finally, Sovereign Financial Group Inc. raised its position in Vanguard High Dividend Yield ETF by 4.4% during the second quarter. Sovereign Financial Group Inc. now owns 41,610 shares of the company’s stock valued at $5,547,000 after acquiring an additional 1,762 shares in the last quarter.

Vanguard High Dividend Yield ETF Trading Down 0.4%

Shares of VYM stock opened at $141.87 on Wednesday. The stock has a 50 day moving average of $140.21 and a 200 day moving average of $133.88. The stock has a market cap of $66.33 billion, a P/E ratio of 17.79 and a beta of 0.79. Vanguard High Dividend Yield ETF has a twelve month low of $112.05 and a twelve month high of $142.49.

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.