Vanguard High Dividend Yield ETF (NYSEARCA:VYM) Sets New 12-Month High – Here’s Why
by Renee Jackson · The Cerbat GemVanguard High Dividend Yield ETF (NYSEARCA:VYM – Get Free Report) shares hit a new 52-week high on Thursday . The company traded as high as $157.50 and last traded at $157.48, with a volume of 437290 shares trading hands. The stock had previously closed at $155.64.
Vanguard High Dividend Yield ETF Stock Down 0.9%
The firm has a market capitalization of $76.39 billion, a P/E ratio of 17.79 and a beta of 0.73. The firm’s 50-day simple moving average is $151.74 and its 200-day simple moving average is $148.58.
Institutional Inflows and Outflows
Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Lloyd Advisory Services LLC. bought a new stake in Vanguard High Dividend Yield ETF during the fourth quarter worth about $25,000. PayPay Securities Corp increased its position in shares of Vanguard High Dividend Yield ETF by 75.8% during the 1st quarter. PayPay Securities Corp now owns 174 shares of the company’s stock valued at $27,000 after purchasing an additional 75 shares during the last quarter. Dorato Capital Management purchased a new position in shares of Vanguard High Dividend Yield ETF during the 4th quarter valued at about $30,000. Stonehage Fleming Financial Services Holdings Ltd purchased a new position in shares of Vanguard High Dividend Yield ETF during the 3rd quarter valued at about $31,000. Finally, LRI Investments LLC lifted its position in Vanguard High Dividend Yield ETF by 400.0% in the 4th quarter. LRI Investments LLC now owns 250 shares of the company’s stock worth $36,000 after buying an additional 200 shares during the last quarter.
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.