Vanguard High Dividend Yield ETF (NYSEARCA:VYM) Reaches New 1-Year High – Here’s What Happened

Vanguard High Dividend Yield ETF (NYSEARCA:VYM)’s share price hit a new 52-week high during trading on Thursday . The stock traded as high as $147.07 and last traded at $146.79, with a volume of 1805055 shares. The stock had previously closed at $144.73.

Vanguard High Dividend Yield ETF Stock Up 1.4%

The stock has a market capitalization of $68.63 billion, a P/E ratio of 17.79 and a beta of 0.79. The company has a fifty day simple moving average of $141.58 and a two-hundred day simple moving average of $137.61.

Institutional Trading of Vanguard High Dividend Yield ETF

Several hedge funds have recently bought and sold shares of VYM. Atwood & Palmer Inc. bought a new stake in shares of Vanguard High Dividend Yield ETF during the second quarter worth $26,000. Stone House Investment Management LLC bought a new position in Vanguard High Dividend Yield ETF during the 1st quarter worth about $27,000. Moisand Fitzgerald Tamayo LLC bought a new position in Vanguard High Dividend Yield ETF during the 2nd quarter worth about $27,000. Financial Management Professionals Inc. acquired a new stake in shares of Vanguard High Dividend Yield ETF in the 2nd quarter valued at about $31,000. Finally, Stonehage Fleming Financial Services Holdings Ltd bought a new stake in shares of Vanguard High Dividend Yield ETF in the third quarter valued at about $31,000.

About Vanguard High Dividend Yield ETF

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.