Vanguard High Dividend Yield ETF (NYSEARCA:VYM) Sets New 52-Week High – Time to Buy?

Vanguard High Dividend Yield ETF (NYSEARCA:VYM) shares hit a new 52-week high during mid-day trading on Friday . The company traded as high as $145.47 and last traded at $145.3750, with a volume of 1749 shares traded. The stock had previously closed at $145.11.

Vanguard High Dividend Yield ETF Trading Up 0.1%

The firm has a market cap of $67.89 billion, a price-to-earnings ratio of 17.79 and a beta of 0.79. The firm’s 50-day moving average is $141.30 and its 200-day moving average is $137.24.

Hedge Funds Weigh In On Vanguard High Dividend Yield ETF

Large investors have recently bought and sold shares of the stock. McAdam LLC raised its position in shares of Vanguard High Dividend Yield ETF by 2.0% in the 3rd quarter. McAdam LLC now owns 3,692 shares of the company’s stock worth $520,000 after acquiring an additional 71 shares in the last quarter. Sage Financial Group Inc. boosted its position in shares of Vanguard High Dividend Yield ETF by 2.1% during the 3rd quarter. Sage Financial Group Inc. now owns 3,580 shares of the company’s stock valued at $505,000 after purchasing an additional 72 shares in the last quarter. Keystone Financial Group grew its stake in Vanguard High Dividend Yield ETF by 0.5% during the third quarter. Keystone Financial Group now owns 16,051 shares of the company’s stock worth $2,262,000 after purchasing an additional 73 shares during the period. CWA Asset Management Group LLC increased its holdings in Vanguard High Dividend Yield ETF by 2.4% in the third quarter. CWA Asset Management Group LLC now owns 3,155 shares of the company’s stock worth $445,000 after purchasing an additional 74 shares in the last quarter. Finally, Axxcess Wealth Management LLC increased its holdings in Vanguard High Dividend Yield ETF by 1.0% in the third quarter. Axxcess Wealth Management LLC now owns 7,761 shares of the company’s stock worth $1,094,000 after purchasing an additional 74 shares in the last quarter.

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.