State Farm Mutual Automobile Insurance Co. Purchases Shares of 386 Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

State Farm Mutual Automobile Insurance Co. acquired a new position in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 386 shares of the company’s stock, valued at approximately $49,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. RiverFront Investment Group LLC acquired a new position in Vanguard High Dividend Yield ETF in the fourth quarter valued at $217,000. Horizon Investment Services LLC lifted its stake in shares of Vanguard High Dividend Yield ETF by 4.6% in the 4th quarter. Horizon Investment Services LLC now owns 5,786 shares of the company’s stock valued at $738,000 after purchasing an additional 254 shares during the period. Vertex Planning Partners LLC boosted its position in shares of Vanguard High Dividend Yield ETF by 9.9% during the 4th quarter. Vertex Planning Partners LLC now owns 2,096 shares of the company’s stock valued at $267,000 after purchasing an additional 189 shares in the last quarter. Orion Portfolio Solutions LLC grew its stake in Vanguard High Dividend Yield ETF by 27.9% during the fourth quarter. Orion Portfolio Solutions LLC now owns 36,318 shares of the company’s stock worth $4,634,000 after purchasing an additional 7,929 shares during the period. Finally, Tepp RIA LLC acquired a new stake in Vanguard High Dividend Yield ETF during the fourth quarter worth approximately $14,344,000.

Vanguard High Dividend Yield ETF Stock Performance

Shares of VYM opened at $127.55 on Friday. The firm has a market cap of $58.65 billion, a PE ratio of 18.95 and a beta of 0.83. Vanguard High Dividend Yield ETF has a 52-week low of $114.37 and a 52-week high of $135.10. The business’s 50 day moving average price is $131.55 and its two-hundred day moving average price is $130.24.

Vanguard High Dividend Yield ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Tuesday, March 25th. Investors of record on Friday, March 21st were given a dividend of $0.85 per share. The ex-dividend date of this dividend was Friday, March 21st.

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.