Vanguard High Dividend Yield ETF (NYSEARCA:VYM) Hits New 1-Year High – Still a Buy?

Shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) hit a new 52-week high during trading on Tuesday . The stock traded as high as $161.33 and last traded at $160.98, with a volume of 131891 shares changing hands. The stock had previously closed at $160.46.

Vanguard High Dividend Yield ETF Price Performance

The company has a fifty day moving average of $156.51 and a 200 day moving average of $151.51. The firm has a market capitalization of $78.02 billion, a P/E ratio of 17.79 and a beta of 0.73.

Institutional Trading of Vanguard High Dividend Yield ETF

A number of institutional investors have recently bought and sold shares of VYM. Lloyd Advisory Services LLC. bought a new stake in Vanguard High Dividend Yield ETF during the fourth quarter valued at $25,000. PayPay Securities Corp boosted its position in Vanguard High Dividend Yield ETF by 75.8% during the first quarter. PayPay Securities Corp now owns 174 shares of the company’s stock valued at $27,000 after acquiring an additional 75 shares during the last quarter. Dorato Capital Management bought a new stake in Vanguard High Dividend Yield ETF during the fourth quarter valued at $30,000. LRI Investments LLC boosted its position in Vanguard High Dividend Yield ETF by 400.0% during the fourth quarter. LRI Investments LLC now owns 250 shares of the company’s stock valued at $36,000 after acquiring an additional 200 shares during the last quarter. Finally, Resources Management Corp CT ADV bought a new stake in Vanguard High Dividend Yield ETF during the fourth quarter valued at $40,000.

About Vanguard High Dividend Yield ETF

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.