Vanguard High Dividend Yield ETF (NYSEARCA:VYM) Short Interest Down 53.7% in May

Vanguard High Dividend Yield ETF (NYSEARCA:VYM) was the target of a significant decrease in short interest in the month of May. As of May 29th, there was short interest totaling 543,299 shares, a decrease of 53.7% from the May 14th total of 1,174,457 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average daily volume of 1,000,540 shares, the days-to-cover ratio is currently 0.5 days.

Hedge Funds Weigh In On Vanguard High Dividend Yield ETF

A number of hedge funds have recently modified their holdings of the company. Asempa Wealth Advisors bought a new stake in Vanguard High Dividend Yield ETF during the 4th quarter valued at about $880,000. Commons Capital LLC lifted its holdings in Vanguard High Dividend Yield ETF by 32.0% during the 4th quarter. Commons Capital LLC now owns 25,380 shares of the company’s stock valued at $3,642,000 after buying an additional 6,154 shares in the last quarter. Aspire Capital Advisors LLC lifted its holdings in Vanguard High Dividend Yield ETF by 44.0% during the 3rd quarter. Aspire Capital Advisors LLC now owns 39,556 shares of the company’s stock valued at $5,575,000 after buying an additional 12,080 shares in the last quarter. Concurrent Investment Advisors LLC lifted its holdings in Vanguard High Dividend Yield ETF by 9.2% during the 4th quarter. Concurrent Investment Advisors LLC now owns 180,798 shares of the company’s stock valued at $25,948,000 after buying an additional 15,173 shares in the last quarter. Finally, Accredited Wealth Management LLC lifted its holdings in Vanguard High Dividend Yield ETF by 10,426.4% during the 3rd quarter. Accredited Wealth Management LLC now owns 54,316 shares of the company’s stock valued at $73,000 after buying an additional 53,800 shares in the last quarter.

Vanguard High Dividend Yield ETF Stock Performance

Shares of VYM traded up $1.28 during mid-day trading on Friday, reaching $160.33. The stock had a trading volume of 1,135,191 shares, compared to its average volume of 1,484,324. The firm has a market cap of $78.64 billion, a price-to-earnings ratio of 17.79 and a beta of 0.73. Vanguard High Dividend Yield ETF has a 12 month low of $129.11 and a 12 month high of $161.29. The business has a fifty day moving average of $155.81 and a 200 day moving average of $151.17.

Vanguard High Dividend Yield ETF Company Profile

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.