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

Shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYMGet Free Report) hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $161.61 and last traded at $161.24, with a volume of 199289 shares trading hands. The stock had previously closed at $161.06.

Vanguard High Dividend Yield ETF Stock Performance

The firm has a market cap of $80.53 billion, a P/E ratio of 17.79 and a beta of 0.73. The stock’s 50-day moving average is $158.34 and its 200 day moving average is $153.20.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in VYM. Lloyd Advisory Services LLC. acquired a new position in shares of Vanguard High Dividend Yield ETF in the 4th quarter valued at approximately $25,000. PayPay Securities Corp raised its holdings in Vanguard High Dividend Yield ETF by 75.8% during the 1st quarter. PayPay Securities Corp now owns 174 shares of the company’s stock worth $27,000 after buying an additional 75 shares during the period. Dorato Capital Management bought a new position in Vanguard High Dividend Yield ETF in the fourth quarter valued at approximately $30,000. LRI Investments LLC lifted its stake in Vanguard High Dividend Yield ETF by 400.0% in the fourth quarter. LRI Investments LLC now owns 250 shares of the company’s stock valued at $36,000 after buying an additional 200 shares in the last quarter. Finally, Resources Management Corp CT ADV acquired a new position in shares of Vanguard High Dividend Yield ETF in the fourth quarter valued at approximately $40,000.

About Vanguard High Dividend Yield ETF

(Get Free Report)

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.

Further Reading

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