Vanguard High Dividend Yield ETF (NYSEARCA:VYM) Reaches New 1-Year High – What’s Next?

Shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) reached a new 52-week high during mid-day trading on Monday . The company traded as high as $166.22 and last traded at $166.17, with a volume of 375806 shares changing hands. The stock had previously closed at $165.63.

Vanguard High Dividend Yield ETF Trading Up 0.2%

The firm has a market cap of $82.94 billion, a PE ratio of 17.79 and a beta of 0.73. The firm has a 50 day moving average price of $160.40 and a 200-day moving average price of $155.46.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in VYM. Brighton Jones LLC raised its stake in Vanguard High Dividend Yield ETF by 23.3% in the fourth quarter. Brighton Jones LLC now owns 16,836 shares of the company’s stock valued at $2,148,000 after buying an additional 3,177 shares in the last quarter. AQR Capital Management LLC increased its holdings in shares of Vanguard High Dividend Yield ETF by 314.5% in the 1st quarter. AQR Capital Management LLC now owns 28,618 shares of the company’s stock valued at $3,690,000 after acquiring an additional 21,713 shares during the last quarter. Russell Investments Group Ltd. raised its position in shares of Vanguard High Dividend Yield ETF by 245.7% during the 2nd quarter. Russell Investments Group Ltd. now owns 3,519 shares of the company’s stock worth $469,000 after acquiring an additional 2,501 shares in the last quarter. First Trust Advisors LP raised its position in shares of Vanguard High Dividend Yield ETF by 42.7% during the 2nd quarter. First Trust Advisors LP now owns 18,568 shares of the company’s stock worth $2,475,000 after acquiring an additional 5,556 shares in the last quarter. Finally, Gamco Investors INC. ET AL purchased a new stake in Vanguard High Dividend Yield ETF during the second quarter worth approximately $1,066,000.

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.