Investors Purchase Large Volume of Call Options on Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Vanguard High Dividend Yield ETF (NYSEARCA:VYM) was the target of some unusual options trading on Wednesday. Stock investors acquired 9,551 call options on the company. This is an increase of 1,203% compared to the average daily volume of 733 call options.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the stock. Valley Wealth Managers Inc. boosted its stake in shares of Vanguard High Dividend Yield ETF by 314.8% in the 4th quarter. Valley Wealth Managers Inc. now owns 253 shares of the company’s stock valued at $32,000 after buying an additional 192 shares during the period. Runnymede Capital Advisors Inc. purchased a new position in Vanguard High Dividend Yield ETF in the fourth quarter worth approximately $34,000. Decker Retirement Planning Inc. acquired a new position in Vanguard High Dividend Yield ETF during the 4th quarter worth approximately $39,000. Wingate Wealth Advisors Inc. acquired a new position in Vanguard High Dividend Yield ETF during the 4th quarter worth approximately $39,000. Finally, Pillar Financial Advisors LLC purchased a new stake in shares of Vanguard High Dividend Yield ETF in the 4th quarter valued at approximately $41,000.

Vanguard High Dividend Yield ETF Stock Up 0.7 %

Shares of VYM stock opened at $121.86 on Thursday. Vanguard High Dividend Yield ETF has a 52 week low of $112.05 and a 52 week high of $135.10. The firm has a 50 day moving average of $126.99 and a two-hundred day moving average of $129.45. The stock has a market capitalization of $55.85 billion, a PE ratio of 17.96 and a beta of 0.79.

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.