Vanguard High Dividend Yield ETF (NYSEARCA:VYM) Sees Significant Increase in Short Interest

Vanguard High Dividend Yield ETF (NYSEARCA:VYM) was the target of a significant increase in short interest in March. As of March 13th, there was short interest totaling 836,604 shares, an increase of 44.1% from the February 26th total of 580,377 shares. Approximately 0.2% of the company’s stock are short sold. Based on an average trading volume of 1,976,821 shares, the short-interest ratio is currently 0.4 days.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of VYM. D.A. Davidson & CO. boosted its stake in Vanguard High Dividend Yield ETF by 9.7% during the third quarter. D.A. Davidson & CO. now owns 761,156 shares of the company’s stock valued at $107,285,000 after buying an additional 67,412 shares during the period. Bay Colony Advisory Group Inc d b a Bay Colony Advisors increased its stake in Vanguard High Dividend Yield ETF by 55.5% in the 3rd quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 10,938 shares of the company’s stock worth $1,542,000 after acquiring an additional 3,903 shares during the last quarter. Asempa Wealth Advisors bought a new position in Vanguard High Dividend Yield ETF in the 4th quarter worth about $880,000. Aspire Capital Advisors LLC raised its holdings in shares of Vanguard High Dividend Yield ETF by 44.0% in the 3rd quarter. Aspire Capital Advisors LLC now owns 39,556 shares of the company’s stock valued at $5,575,000 after acquiring an additional 12,080 shares in the last quarter. Finally, Etesian Wealth Advisors Inc. raised its holdings in shares of Vanguard High Dividend Yield ETF by 103.8% in the 3rd quarter. Etesian Wealth Advisors Inc. now owns 12,225 shares of the company’s stock valued at $1,723,000 after acquiring an additional 6,225 shares in the last quarter.

Vanguard High Dividend Yield ETF Trading Down 1.0%

NYSEARCA VYM traded down $1.52 during mid-day trading on Friday, hitting $145.70. The company’s stock had a trading volume of 1,648,236 shares, compared to its average volume of 1,801,198. The firm has a market capitalization of $70.02 billion, a price-to-earnings ratio of 17.79 and a beta of 0.79. The company’s 50 day simple moving average is $151.30 and its 200 day simple moving average is $145.62. Vanguard High Dividend Yield ETF has a twelve month low of $112.05 and a twelve month high of $157.29.

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.