Auto Owners Insurance Co Purchases 147,919,464 Shares of Vanguard High Dividend Yield ETF $VYM

Auto Owners Insurance Co boosted its position in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 20,425.2% in the fourth quarter, HoldingsChannel.com reports. The fund owned 148,643,664 shares of the company’s stock after purchasing an additional 147,919,464 shares during the period. Vanguard High Dividend Yield ETF accounts for 5.1% of Auto Owners Insurance Co’s holdings, making the stock its 5th largest position. Auto Owners Insurance Co owned 0.31% of Vanguard High Dividend Yield ETF worth $21,333,339,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the company. Ballast Advisors LLC boosted its stake in shares of Vanguard High Dividend Yield ETF by 8.2% in the fourth quarter. Ballast Advisors LLC now owns 868 shares of the company’s stock valued at $125,000 after purchasing an additional 66 shares during the period. Columbus Macro LLC raised its stake in shares of Vanguard High Dividend Yield ETF by 0.6% in the fourth quarter. Columbus Macro LLC now owns 10,938 shares of the company’s stock valued at $1,570,000 after acquiring an additional 70 shares in the last quarter. Sage Financial Group Inc. boosted its holdings in Vanguard High Dividend Yield ETF by 2.1% in the third quarter. Sage Financial Group Inc. now owns 3,580 shares of the company’s stock valued at $505,000 after purchasing an additional 72 shares during the period. L.K. Benson & Company P.C. grew its stake in Vanguard High Dividend Yield ETF by 2.4% during the 4th quarter. L.K. Benson & Company P.C. now owns 3,053 shares of the company’s stock worth $438,000 after purchasing an additional 72 shares in the last quarter. Finally, Keystone Financial Group grew its stake in Vanguard High Dividend Yield ETF by 0.5% during the 3rd quarter. Keystone Financial Group now owns 16,051 shares of the company’s stock worth $2,262,000 after purchasing an additional 73 shares in the last quarter.

Vanguard High Dividend Yield ETF Price Performance

Shares of NYSEARCA VYM opened at $158.21 on Friday. The company has a market cap of $77.60 billion, a price-to-earnings ratio of 17.79 and a beta of 0.73. The stock’s 50-day moving average is $156.82 and its two-hundred day moving average is $151.65. Vanguard High Dividend Yield ETF has a 1-year low of $129.11 and a 1-year high of $161.46.

Vanguard High Dividend Yield ETF 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.