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

Vanguard High Dividend Yield ETF (NYSEARCA:VYM) shares hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as $149.22 and last traded at $148.9360, with a volume of 484965 shares changing hands. The stock had previously closed at $148.28.

Vanguard High Dividend Yield ETF Stock Up 0.4%

The stock has a 50-day moving average price of $144.67 and a 200 day moving average price of $140.73. The firm has a market capitalization of $71.58 billion, a price-to-earnings ratio of 17.79 and a beta of 0.79.

Institutional Investors Weigh In On Vanguard High Dividend Yield ETF

Hedge funds and other institutional investors have recently modified their holdings of the company. Brighton Jones LLC increased its holdings in shares of Vanguard High Dividend Yield ETF by 23.3% in the 4th quarter. Brighton Jones LLC now owns 16,836 shares of the company’s stock valued at $2,148,000 after acquiring an additional 3,177 shares during the last quarter. AQR Capital Management LLC increased its stake in Vanguard High Dividend Yield ETF by 314.5% in the first quarter. AQR Capital Management LLC now owns 28,618 shares of the company’s stock valued at $3,690,000 after purchasing an additional 21,713 shares during the last quarter. U.S. Capital Wealth Advisors LLC increased its stake in Vanguard High Dividend Yield ETF by 9.3% in the second quarter. U.S. Capital Wealth Advisors LLC now owns 10,670 shares of the company’s stock valued at $1,422,000 after purchasing an additional 906 shares during the last quarter. Maseco LLP acquired a new stake in Vanguard High Dividend Yield ETF during the second quarter worth approximately $3,794,000. Finally, Ridgecrest Wealth Partners LLC lifted its position in shares of Vanguard High Dividend Yield ETF by 24.3% during the 2nd quarter. Ridgecrest Wealth Partners LLC now owns 16,159 shares of the company’s stock worth $2,154,000 after buying an additional 3,161 shares during 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.