Vanguard High Dividend Yield ETF (NYSEARCA:VYM) Sets New 1-Year High – Here’s What Happened

Vanguard High Dividend Yield ETF (NYSEARCA:VYM) shares hit a new 52-week high on Tuesday . The company traded as high as $161.33 and last traded at $160.98, with a volume of 131891 shares traded. The stock had previously closed at $160.46.

Vanguard High Dividend Yield ETF Stock Up 0.3%

The stock’s fifty day moving average is $156.06 and its two-hundred day moving average is $151.29. The firm has a market capitalization of $78.95 billion, a price-to-earnings ratio of 17.79 and a beta of 0.73.

Institutional Investors Weigh In On Vanguard High Dividend Yield ETF

Institutional investors and hedge funds have recently modified their holdings of the company. Auto Owners Insurance Co increased its position in Vanguard High Dividend Yield ETF by 20,425.2% during the fourth quarter. Auto Owners Insurance Co now owns 148,643,664 shares of the company’s stock worth $21,333,339,000 after buying an additional 147,919,464 shares during the last quarter. BNP Paribas Financial Markets boosted its stake in shares of Vanguard High Dividend Yield ETF by 17,493.6% during the 4th quarter. BNP Paribas Financial Markets now owns 700,928 shares of the company’s stock worth $100,597,000 after acquiring an additional 696,944 shares during the period. Wellington Management Group LLP increased its holdings in shares of Vanguard High Dividend Yield ETF by 493.0% during the 3rd quarter. Wellington Management Group LLP now owns 596,737 shares of the company’s stock worth $84,110,000 after acquiring an additional 496,110 shares during the last quarter. AQR Capital Management LLC increased its holdings in shares of Vanguard High Dividend Yield ETF by 846.2% during the 3rd quarter. AQR Capital Management LLC now owns 401,576 shares of the company’s stock worth $56,602,000 after acquiring an additional 359,136 shares during the last quarter. Finally, LPL Financial LLC raised its stake in Vanguard High Dividend Yield ETF by 5.3% in the 4th quarter. LPL Financial LLC now owns 6,820,119 shares of the company’s stock valued at $978,823,000 after acquiring an additional 345,129 shares during the period.

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.