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

Vanguard High Dividend Yield ETF (NYSEARCA:VYM)’s share price reached a new 52-week high during mid-day trading on Friday . The company traded as high as $158.42 and last traded at $158.31, with a volume of 71620 shares. The stock had previously closed at $157.25.

Vanguard High Dividend Yield ETF Trading Up 0.7%

The company has a market capitalization of $77.69 billion, a price-to-earnings ratio of 17.79 and a beta of 0.73. The stock’s fifty day simple moving average is $152.18 and its 200-day simple moving average is $149.06.

Institutional Investors Weigh In On Vanguard High Dividend Yield ETF

A number of hedge funds have recently added to or reduced their stakes in VYM. Brighton Jones LLC raised its holdings in shares of Vanguard High Dividend Yield ETF by 23.3% in the 4th quarter. Brighton Jones LLC now owns 16,836 shares of the company’s stock valued at $2,148,000 after purchasing an additional 3,177 shares in the last quarter. AQR Capital Management LLC raised 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 purchasing an additional 21,713 shares in the last quarter. Russell Investments Group Ltd. raised its holdings in shares of Vanguard High Dividend Yield ETF by 245.7% in the 2nd quarter. Russell Investments Group Ltd. now owns 3,519 shares of the company’s stock valued at $469,000 after purchasing an additional 2,501 shares in the last quarter. First Trust Advisors LP raised its holdings in shares of Vanguard High Dividend Yield ETF by 42.7% in the 2nd quarter. First Trust Advisors LP now owns 18,568 shares of the company’s stock valued at $2,475,000 after purchasing an additional 5,556 shares in the last quarter. Finally, Gamco Investors INC. ET AL acquired a new stake in shares of Vanguard High Dividend Yield ETF in the 2nd quarter valued at $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.