Short Interest in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) Drops By 18.8%

Vanguard High Dividend Yield ETF (NYSEARCA:VYM) was the recipient of a significant decrease in short interest in February. As of February 13th, there was short interest totaling 658,589 shares, a decrease of 18.8% from the January 29th total of 810,664 shares. Based on an average trading volume of 1,801,012 shares, the days-to-cover ratio is presently 0.4 days. Approximately 0.1% of the shares of the stock are short sold. Approximately 0.1% of the shares of the stock are short sold. Based on an average trading volume of 1,801,012 shares, the days-to-cover ratio is presently 0.4 days.

Vanguard High Dividend Yield ETF Stock Performance

Shares of NYSEARCA VYM traded down $1.78 during midday trading on Tuesday, reaching $153.28. 2,674,945 shares of the company traded hands, compared to its average volume of 1,698,519. Vanguard High Dividend Yield ETF has a 12 month low of $112.05 and a 12 month high of $157.29. The stock’s 50-day simple moving average is $150.10 and its 200-day simple moving average is $144.30. The firm has a market cap of $73.66 billion, a PE ratio of 17.79 and a beta of 0.79.

Institutional Trading of Vanguard High Dividend Yield ETF

Several large investors have recently added to or reduced their stakes in VYM. Lloyd Advisory Services LLC. acquired a new position in Vanguard High Dividend Yield ETF in the fourth quarter worth $25,000. Dorato Capital Management bought a new position in shares of Vanguard High Dividend Yield ETF in the fourth quarter valued at about $30,000. Stonehage Fleming Financial Services Holdings Ltd acquired a new position in Vanguard High Dividend Yield ETF during the 3rd quarter worth about $31,000. LRI Investments LLC lifted its position in Vanguard High Dividend Yield ETF by 400.0% during the 4th quarter. LRI Investments LLC now owns 250 shares of the company’s stock worth $36,000 after buying an additional 200 shares in the last quarter. Finally, Nvwm LLC bought a new stake in Vanguard High Dividend Yield ETF during the 2nd quarter worth about $35,000.

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.