Vanguard High Dividend Yield ETF (NYSEARCA:VYM) Hits New 52-Week High – Here’s What Happened

Vanguard High Dividend Yield ETF (NYSEARCA:VYM) shares hit a new 52-week high on Friday . The stock traded as high as $145.47 and last traded at $145.3750, with a volume of 1749 shares trading hands. The stock had previously closed at $145.11.

Vanguard High Dividend Yield ETF Stock Up 0.4%

The company’s 50 day simple moving average is $141.21 and its two-hundred day simple moving average is $137.08. The company has a market capitalization of $68.13 billion, a price-to-earnings ratio of 17.79 and a beta of 0.79.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in VYM. Atwood & Palmer Inc. acquired a new stake in Vanguard High Dividend Yield ETF in the second quarter worth about $26,000. Stone House Investment Management LLC acquired a new position in shares of Vanguard High Dividend Yield ETF during the first quarter valued at about $27,000. Moisand Fitzgerald Tamayo LLC purchased a new position in shares of Vanguard High Dividend Yield ETF in the 2nd quarter valued at approximately $27,000. Financial Management Professionals Inc. acquired a new stake in Vanguard High Dividend Yield ETF in the 2nd quarter worth approximately $31,000. Finally, Stonehage Fleming Financial Services Holdings Ltd purchased a new stake in Vanguard High Dividend Yield ETF during the 3rd quarter worth approximately $31,000.

Vanguard High Dividend Yield ETF Company Profile

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.