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

Vanguard High Dividend Yield ETF (NYSEARCA:VYM)’s share price reached 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 changing hands. The stock had previously closed at $161.06.

Vanguard High Dividend Yield ETF Price Performance

The stock has a market capitalization of $80.05 billion, a price-to-earnings ratio of 17.79 and a beta of 0.73. The stock has a 50-day moving average of $158.49 and a 200 day moving average of $153.42.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the business. Red Door Wealth Management LLC raised its holdings in Vanguard High Dividend Yield ETF by 0.5% in the second quarter. Red Door Wealth Management LLC now owns 12,471 shares of the company’s stock valued at $1,971,000 after acquiring an additional 63 shares in the last quarter. Ballast Advisors LLC grew its holdings in Vanguard High Dividend Yield ETF by 8.2% during the 4th quarter. Ballast Advisors LLC now owns 868 shares of the company’s stock worth $125,000 after acquiring an additional 66 shares in the last quarter. Blue Trust Inc. grew its holdings in Vanguard High Dividend Yield ETF by 2.7% during the 1st quarter. Blue Trust Inc. now owns 2,513 shares of the company’s stock worth $372,000 after acquiring an additional 66 shares in the last quarter. Columbus Macro LLC increased its position in shares of Vanguard High Dividend Yield ETF by 0.6% in the 4th quarter. Columbus Macro LLC now owns 10,938 shares of the company’s stock worth $1,570,000 after purchasing an additional 70 shares during the last quarter. Finally, Abound Wealth Management increased its position in shares of Vanguard High Dividend Yield ETF by 6.7% in the 2nd quarter. Abound Wealth Management now owns 1,113 shares of the company’s stock worth $176,000 after purchasing an additional 70 shares during the last quarter.

About Vanguard High Dividend Yield ETF

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.