Vanguard High Dividend Yield ETF (NYSEARCA:VYM) Sets New 52-Week High at $121.86

Vanguard High Dividend Yield ETF (NYSEARCA:VYM)’s stock price reached a new 52-week high during mid-day trading on Friday . The stock traded as high as $121.86 and last traded at $121.86, with a volume of 291087 shares. The stock had previously closed at $120.93.

Vanguard High Dividend Yield ETF Price Performance

The stock has a market cap of $54.99 billion, a P/E ratio of 15.88 and a beta of 0.70. The business’s 50 day simple moving average is $119.24 and its 200 day simple moving average is $116.57.

Institutional Investors Weigh In On Vanguard High Dividend Yield ETF

A number of hedge funds have recently made changes to their positions in the company. Register Financial Advisors LLC grew its holdings in shares of Vanguard High Dividend Yield ETF by 7.7% during the second quarter. Register Financial Advisors LLC now owns 5,575 shares of the company’s stock worth $661,000 after purchasing an additional 400 shares during the last quarter. Capital Investment Advisors LLC grew its holdings in Vanguard High Dividend Yield ETF by 7.6% during the 2nd quarter. Capital Investment Advisors LLC now owns 2,960 shares of the company’s stock worth $351,000 after acquiring an additional 209 shares during the last quarter. CRA Financial Services LLC increased its position in Vanguard High Dividend Yield ETF by 3.8% in the 2nd quarter. CRA Financial Services LLC now owns 9,916 shares of the company’s stock valued at $1,176,000 after acquiring an additional 361 shares in the last quarter. Capital Advantage Inc. raised its stake in shares of Vanguard High Dividend Yield ETF by 17.7% in the second quarter. Capital Advantage Inc. now owns 17,895 shares of the company’s stock worth $2,126,000 after acquiring an additional 2,685 shares during the last quarter. Finally, Manning & Napier Advisors LLC acquired a new position in shares of Vanguard High Dividend Yield ETF during the second quarter worth approximately $6,445,000.

About Vanguard High Dividend Yield ETF

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.