Vanguard High Dividend Yield ETF (NYSEARCA:VYM) Sets New 12-Month High – Here’s What Happened

Shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYMGet Free Report) hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as $135.10 and last traded at $135.06, with a volume of 2441717 shares. The stock had previously closed at $134.50.

Vanguard High Dividend Yield ETF Stock Up 0.4 %

The stock has a fifty day simple moving average of $130.57 and a 200 day simple moving average of $128.96. The firm has a market capitalization of $61.15 billion, a P/E ratio of 15.88 and a beta of 0.70.

Institutional Investors Weigh In On Vanguard High Dividend Yield ETF

Several institutional investors and hedge funds have recently modified their holdings of VYM. ARQ Wealth Advisors LLC grew its stake in Vanguard High Dividend Yield ETF by 9.8% during the fourth quarter. ARQ Wealth Advisors LLC now owns 17,226 shares of the company’s stock valued at $2,198,000 after acquiring an additional 1,539 shares in the last quarter. Blue Sky Capital Consultants Group Inc. bought a new stake in shares of Vanguard High Dividend Yield ETF in the fourth quarter worth about $281,000. Columbia River Financial Group LLC purchased a new stake in shares of Vanguard High Dividend Yield ETF in the fourth quarter worth about $983,000. Retirement Planning Group LLC NY bought a new position in Vanguard High Dividend Yield ETF during the fourth quarter valued at approximately $238,000. Finally, WCG Wealth Advisors LLC increased its stake in Vanguard High Dividend Yield ETF by 8.8% in the 4th quarter. WCG Wealth Advisors LLC now owns 20,095 shares of the company’s stock worth $2,564,000 after acquiring an additional 1,619 shares during the last quarter.

About Vanguard High Dividend Yield ETF

(Get Free Report)

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.

Further Reading

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