Vanguard High Dividend Yield ETF (NYSEARCA:VYM) Shares Break Above Fifty Day Moving Average – What’s Next?

Vanguard High Dividend Yield ETF (NYSEARCA:VYM – Get Free Report) shares crossed above its 50 day moving average during trading on Monday. The stock has a 50 day moving average of $160.60 and traded as high as $163.20. Vanguard High Dividend Yield ETF shares last traded at $162.72, with a volume of 1,377,067 shares trading hands.

Vanguard High Dividend Yield ETF Trading Up 0.9%

The company’s 50 day simple moving average is $160.62 and its 200-day simple moving average is $157.72. The firm has a market cap of $83.94 billion, a P/E ratio of 17.79 and a beta of 0.72.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in VYM. Red Door Wealth Management LLC raised its stake in Vanguard High Dividend Yield ETF by 0.5% during the 2nd quarter. Red Door Wealth Management LLC now owns 12,471 shares of the company’s stock valued at $1,971,000 after buying an additional 63 shares during the last quarter. GRIMES & Co WEALTH MANAGEMENT LLC lifted its holdings in shares of Vanguard High Dividend Yield ETF by 0.3% during the 2nd quarter. GRIMES & Co WEALTH MANAGEMENT LLC now owns 22,874 shares of the company’s stock valued at $3,615,000 after buying an additional 63 shares during the period. Mather Group LLC. boosted its stake in shares of Vanguard High Dividend Yield ETF by 0.4% in the 3rd quarter. Mather Group LLC. now owns 15,042 shares of the company’s stock worth $2,335,000 after buying an additional 63 shares during the last quarter. Cooper Financial Group boosted its stake in shares of Vanguard High Dividend Yield ETF by 2.8% in the 3rd quarter. Cooper Financial Group now owns 2,333 shares of the company’s stock worth $362,000 after buying an additional 64 shares during the last quarter. Finally, Endeavor Private Wealth Inc. boosted its stake in shares of Vanguard High Dividend Yield ETF by 4.1% in the 2nd quarter. Endeavor Private Wealth Inc. now owns 1,661 shares of the company’s stock worth $262,000 after buying an additional 65 shares during the last quarter.

Vanguard High Dividend Yield ETF Company Profile

(Get Free Report)

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. Its portfolio typically includes companies from industries such as financials, healthcare, consumer staples, industrials, and technology, and it is managed by Vanguard, one of the largest asset management firms in the world.

Recommended Stories

Receive News & Ratings for Vanguard High Dividend Yield ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vanguard High Dividend Yield ETF and related companies with MarketBeat.com's FREE daily email newsletter.