Vanguard High Dividend Yield ETF (NYSEARCA:VYM) Hits New 12-Month High – Time to Buy?

Vanguard High Dividend Yield ETF (NYSEARCA:VYM)’s share price reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as $164.44 and last traded at $164.40, with a volume of 687235 shares traded. The stock had previously closed at $162.79.

Vanguard High Dividend Yield ETF Trading Up 1.6%

The firm’s 50-day moving average price is $159.87 and its 200 day moving average price is $154.99. The company has a market cap of $82.67 billion, a price-to-earnings ratio of 17.79 and a beta of 0.73.

Institutional Investors Weigh In On Vanguard High Dividend Yield ETF

A number of large investors have recently bought and sold shares of VYM. Lloyd Advisory Services LLC. acquired a new position in shares of Vanguard High Dividend Yield ETF during the fourth quarter valued at about $25,000. PayPay Securities Corp grew its stake in shares of Vanguard High Dividend Yield ETF by 75.8% in the 1st quarter. PayPay Securities Corp now owns 174 shares of the company’s stock valued at $27,000 after buying an additional 75 shares during the period. LRI Investments LLC grew its stake in shares of Vanguard High Dividend Yield ETF by 400.0% in the 4th quarter. LRI Investments LLC now owns 250 shares of the company’s stock valued at $36,000 after buying an additional 200 shares during the period. Resources Management Corp CT ADV bought a new stake in Vanguard High Dividend Yield ETF in the 4th quarter valued at about $40,000. Finally, IFC & Insurance Marketing Inc. bought a new stake in Vanguard High Dividend Yield ETF in the 4th quarter valued at about $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.