Vanguard High Dividend Yield ETF (NYSEARCA:VYM) Reaches New 12-Month High – What’s Next?

Vanguard High Dividend Yield ETF (NYSEARCA:VYM)’s stock price reached a new 52-week high on Wednesday . The stock traded as high as $149.23 and last traded at $148.8270, with a volume of 522157 shares trading hands. The stock had previously closed at $148.60.

Vanguard High Dividend Yield ETF Trading Up 0.3%

The company has a market cap of $72.07 billion, a price-to-earnings ratio of 17.79 and a beta of 0.79. The business has a fifty day moving average of $145.71 and a two-hundred day moving average of $141.25.

Institutional Trading of Vanguard High Dividend Yield ETF

Institutional investors and hedge funds have recently modified their holdings of the stock. Dorato Capital Management acquired a new position in shares of Vanguard High Dividend Yield ETF during the fourth quarter valued at approximately $30,000. Stonehage Fleming Financial Services Holdings Ltd purchased a new position in Vanguard High Dividend Yield ETF in the 3rd quarter valued at $31,000. Kiker Wealth Management LLC acquired a new stake in Vanguard High Dividend Yield ETF during the 2nd quarter worth $35,000. Nvwm LLC purchased a new stake in shares of Vanguard High Dividend Yield ETF during the second quarter worth $35,000. Finally, GFG Capital LLC purchased a new stake in shares of Vanguard High Dividend Yield ETF during the second quarter worth $36,000.

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.