Investors Buy High Volume of Vanguard High Dividend Yield ETF Call Options (NYSEARCA:VYM)

Vanguard High Dividend Yield ETF (NYSEARCA:VYM) was the target of some unusual options trading on Tuesday. Stock traders purchased 9,650 call options on the stock. This is an increase of 1,564% compared to the average volume of 580 call options.

Vanguard High Dividend Yield ETF Stock Up 0.1%

Shares of Vanguard High Dividend Yield ETF stock traded up $0.20 on Tuesday, reaching $144.45. The company’s stock had a trading volume of 1,182,576 shares, compared to its average volume of 1,358,419. Vanguard High Dividend Yield ETF has a 52 week low of $112.05 and a 52 week high of $147.88. The firm’s fifty day simple moving average is $142.30 and its two-hundred day simple moving average is $138.57. The company has a market capitalization of $67.54 billion, a price-to-earnings ratio of 17.79 and a beta of 0.79.

Hedge Funds Weigh In On Vanguard High Dividend Yield ETF

Hedge funds have recently bought and sold shares of the business. Brighton Jones LLC increased its position in shares of Vanguard High Dividend Yield ETF by 23.3% during the 4th quarter. Brighton Jones LLC now owns 16,836 shares of the company’s stock valued at $2,148,000 after purchasing an additional 3,177 shares during the last quarter. Russell Investments Group Ltd. boosted its stake in shares of Vanguard High Dividend Yield ETF by 19.6% during the 1st quarter. Russell Investments Group Ltd. now owns 1,018 shares of the company’s stock worth $131,000 after acquiring an additional 167 shares during the last quarter. Wellington Management Group LLP boosted its stake in shares of Vanguard High Dividend Yield ETF by 29.8% during the 1st quarter. Wellington Management Group LLP now owns 153,273 shares of the company’s stock worth $19,766,000 after acquiring an additional 35,145 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its position in shares of Vanguard High Dividend Yield ETF by 4.0% during the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 272,884 shares of the company’s stock valued at $35,191,000 after acquiring an additional 10,489 shares during the period. Finally, Comerica Bank increased its stake in shares of Vanguard High Dividend Yield ETF by 1.3% in the 1st quarter. Comerica Bank now owns 202,392 shares of the company’s stock worth $26,100,000 after purchasing an additional 2,574 shares in the last quarter.

Vanguard High Dividend Yield ETF Company Profile

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.