Vanguard High Dividend Yield ETF (NYSEARCA:VYM) Sets New 12-Month High – Should You Buy?

by · The Cerbat Gem

Vanguard High Dividend Yield ETF (NYSEARCA:VYM – Get Free Report)’s stock price reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $132.30 and last traded at $132.10, with a volume of 132717 shares traded. The stock had previously closed at $128.63.

Vanguard High Dividend Yield ETF Price Performance

The firm’s fifty day moving average is $127.76 and its two-hundred day moving average is $122.88. The firm has a market cap of $59.93 billion, a price-to-earnings ratio of 15.88 and a beta of 0.70.

Institutional Trading of Vanguard High Dividend Yield ETF

A number of hedge funds and other institutional investors have recently modified their holdings of VYM. LPL Financial LLC boosted its holdings in shares of Vanguard High Dividend Yield ETF by 4.6% in the second quarter. LPL Financial LLC now owns 5,223,678 shares of the company’s stock worth $619,528,000 after buying an additional 228,580 shares during the period. Envestnet Asset Management Inc. boosted its stake in Vanguard High Dividend Yield ETF by 1.2% in the 2nd quarter. Envestnet Asset Management Inc. now owns 5,000,642 shares of the company’s stock worth $593,076,000 after purchasing an additional 59,826 shares during the period. Vanguard Group Inc. grew its position in Vanguard High Dividend Yield ETF by 0.5% during the 1st quarter. Vanguard Group Inc. now owns 3,246,447 shares of the company’s stock worth $392,788,000 after purchasing an additional 16,021 shares in the last quarter. Mercer Global Advisors Inc. ADV raised its stake in Vanguard High Dividend Yield ETF by 7.4% during the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 2,226,818 shares of the company’s stock valued at $247,649,000 after purchasing an additional 153,146 shares during the period. Finally, Commonwealth Equity Services LLC lifted its holdings in shares of Vanguard High Dividend Yield ETF by 1.7% in the third quarter. Commonwealth Equity Services LLC now owns 2,163,842 shares of the company’s stock valued at $277,405,000 after purchasing an additional 36,239 shares in the last quarter.

About Vanguard High Dividend Yield ETF

(Get Free Report)

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.

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