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

Vanguard High Dividend Yield ETF (NYSEARCA:VYM) shares reached a new 52-week high during trading on Monday . The stock traded as high as $155.86 and last traded at $155.6970, with a volume of 614768 shares traded. The stock had previously closed at $155.47.

Vanguard High Dividend Yield ETF Trading Up 0.2%

The company has a fifty day moving average of $146.80 and a 200-day moving average of $142.08. The stock has a market cap of $74.85 billion, a PE ratio of 17.79 and a beta of 0.79.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the business. Ballast Advisors LLC raised its holdings in Vanguard High Dividend Yield ETF by 8.2% during the fourth quarter. Ballast Advisors LLC now owns 868 shares of the company’s stock worth $125,000 after purchasing an additional 66 shares in the last quarter. Columbus Macro LLC lifted its position in Vanguard High Dividend Yield ETF by 0.6% in the fourth quarter. Columbus Macro LLC now owns 10,938 shares of the company’s stock valued at $1,570,000 after acquiring an additional 70 shares during the last quarter. McAdam LLC boosted its stake in Vanguard High Dividend Yield ETF by 2.0% in the third quarter. McAdam LLC now owns 3,692 shares of the company’s stock valued at $520,000 after acquiring an additional 71 shares in the last quarter. Sage Financial Group Inc. grew its holdings in shares of Vanguard High Dividend Yield ETF by 2.1% during the third quarter. Sage Financial Group Inc. now owns 3,580 shares of the company’s stock worth $505,000 after purchasing an additional 72 shares during the last quarter. Finally, L.K. Benson & Company P.C. increased its position in shares of Vanguard High Dividend Yield ETF by 2.4% during the fourth quarter. L.K. Benson & Company P.C. now owns 3,053 shares of the company’s stock worth $438,000 after purchasing an additional 72 shares in the last quarter.

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.