Vanguard High Dividend Yield ETF (NYSEARCA:VYM) Hits New 1-Year High at $125.07

Vanguard High Dividend Yield ETF (NYSEARCA:VYM) shares hit a new 52-week high during trading on Wednesday . The company traded as high as $125.07 and last traded at $124.55, with a volume of 594105 shares traded. The stock had previously closed at $123.50.

Vanguard High Dividend Yield ETF Price Performance

The stock has a market capitalization of $56.30 billion, a price-to-earnings ratio of 15.88 and a beta of 0.70. The company has a 50-day simple moving average of $120.10 and a two-hundred day simple moving average of $117.70.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the company. JB Capital LLC raised its holdings in shares of Vanguard High Dividend Yield ETF by 8.0% during the fourth quarter. JB Capital LLC now owns 7,296 shares of the company’s stock valued at $814,000 after buying an additional 541 shares during the last quarter. Princeton Global Asset Management LLC increased its position in Vanguard High Dividend Yield ETF by 47.9% in the 4th quarter. Princeton Global Asset Management LLC now owns 2,874 shares of the company’s stock valued at $321,000 after acquiring an additional 931 shares during the period. Patten & Patten Inc. TN bought a new stake in Vanguard High Dividend Yield ETF during the 4th quarter valued at $211,000. Sightline Wealth Advisors LLC boosted its position in Vanguard High Dividend Yield ETF by 6.7% during the 4th quarter. Sightline Wealth Advisors LLC now owns 11,035 shares of the company’s stock worth $1,232,000 after acquiring an additional 694 shares during the period. Finally, DAVENPORT & Co LLC grew its stake in shares of Vanguard High Dividend Yield ETF by 6.0% in the fourth quarter. DAVENPORT & Co LLC now owns 186,169 shares of the company’s stock worth $20,782,000 after purchasing an additional 10,475 shares in the last quarter.

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.