Vanguard High Dividend Yield ETF (NYSEARCA:VYM) Short Interest Down 32.5% in August

Vanguard High Dividend Yield ETF (NYSEARCA:VYM) was the target of a significant decline in short interest in August. As of August 31st, there was short interest totaling 456,119 shares, a decline of 32.5% from the August 15th total of 675,808 shares. Based on an average daily trading volume, of 952,232 shares, the days-to-cover ratio is currently 0.5 days. Currently, 0.1% of the shares of the stock are sold short.

Institutional Investors Weigh In On Vanguard High Dividend Yield ETF

Hedge funds have recently bought and sold shares of the stock. Financially in Tune LLC bought a new position in shares of Vanguard High Dividend Yield ETF in the fourth quarter worth approximately $8,049,000. State Farm Mutual Automobile Insurance Co. raised its position in shares of Vanguard High Dividend Yield ETF by 29.4% during the 4th quarter. State Farm Mutual Automobile Insurance Co. now owns 218,597 shares of the company’s stock valued at $31,373,000 after purchasing an additional 49,694 shares during the period. Arsenal Capital Advisors LLC bought a new stake in shares of Vanguard High Dividend Yield ETF during the 4th quarter valued at $2,607,000. Keudell Morrison Wealth Management purchased a new position in shares of Vanguard High Dividend Yield ETF during the 4th quarter valued at $10,694,000. Finally, DAVENPORT & Co LLC lifted its stake in shares of Vanguard High Dividend Yield ETF by 5.2% during the 2nd quarter. DAVENPORT & Co LLC now owns 352,667 shares of the company’s stock valued at $55,732,000 after buying an additional 17,336 shares in the last quarter.

Vanguard High Dividend Yield ETF Stock Up 0.5%

Shares of NYSEARCA VYM opened at $160.60 on Friday. The stock’s 50-day simple moving average is $163.30 and its two-hundred day simple moving average is $157.80. Vanguard High Dividend Yield ETF has a twelve month low of $137.42 and a twelve month high of $167.61. The firm has a market capitalization of $80.36 billion, a P/E ratio of 17.79 and a beta of 0.73.

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.