Vanguard High Dividend Yield ETF (NYSEARCA:VYM) Reaches New 52-Week High – Still a Buy?

Vanguard High Dividend Yield ETF (NYSEARCA:VYM) shares hit a new 52-week high during trading on Thursday . The company traded as high as $157.50 and last traded at $157.48, with a volume of 437290 shares changing hands. The stock had previously closed at $155.64.

Vanguard High Dividend Yield ETF Trading Up 1.1%

The firm has a market cap of $77.14 billion, a price-to-earnings ratio of 17.79 and a beta of 0.73. The stock’s 50 day moving average is $151.62 and its 200 day moving average is $148.42.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Dickmeyer Boyce Financial Management Inc. acquired a new position in Vanguard High Dividend Yield ETF in the 1st quarter valued at about $6,002,000. Gibbs Wealth Management acquired a new position in shares of Vanguard High Dividend Yield ETF during the 1st quarter worth approximately $280,000. Sei Investments Co. grew its position in shares of Vanguard High Dividend Yield ETF by 3.2% during the 1st quarter. Sei Investments Co. now owns 290,128 shares of the company’s stock worth $42,968,000 after purchasing an additional 9,132 shares in the last quarter. MWA Asset Management grew its position in shares of Vanguard High Dividend Yield ETF by 2.5% during the 1st quarter. MWA Asset Management now owns 3,989 shares of the company’s stock worth $591,000 after purchasing an additional 97 shares in the last quarter. Finally, Alamar Capital Management LLC acquired a new position in shares of Vanguard High Dividend Yield ETF during the 1st quarter worth approximately $975,000.

About Vanguard High Dividend Yield ETF

Vanguard High Dividend Yield ETF (NYSEARCA: VYM) is an exchange-traded fund designed to track the performance of the FTSE High Dividend Yield Index. The fund seeks to provide exposure to U.S. companies that are forecast to pay above-average dividends, offering investors a diversified way to access income-generating equities.

The ETF primarily invests in large-cap U.S. stocks across a range of sectors, with holdings selected for their dividend characteristics rather than active stock-picking.