Vanguard High Dividend Yield ETF (NYSEARCA:VYM) Sets New 1-Year High – Should You Buy?

Vanguard High Dividend Yield ETF (NYSEARCA:VYM)’s share price reached a new 52-week high during trading on Tuesday . The stock traded as high as $163.53 and last traded at $162.73, with a volume of 1119054 shares trading hands. The stock had previously closed at $162.23.

Vanguard High Dividend Yield ETF Stock Up 0.3%

The stock has a 50 day moving average price of $159.38 and a two-hundred day moving average price of $154.44. The company has a market cap of $81.32 billion, a P/E ratio of 17.79 and a beta of 0.73.

Institutional Investors Weigh In On Vanguard High Dividend Yield ETF

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Auto Owners Insurance Co grew its stake in shares of Vanguard High Dividend Yield ETF by 20,425.2% in the fourth quarter. Auto Owners Insurance Co now owns 148,643,664 shares of the company’s stock valued at $21,333,339,000 after acquiring an additional 147,919,464 shares in the last quarter. BNP Paribas Financial Markets boosted its holdings in Vanguard High Dividend Yield ETF by 17,493.6% in the 4th quarter. BNP Paribas Financial Markets now owns 700,928 shares of the company’s stock valued at $100,597,000 after purchasing an additional 696,944 shares during the period. Wellington Management Group LLP grew its position in shares of Vanguard High Dividend Yield ETF by 493.0% during the 3rd quarter. Wellington Management Group LLP now owns 596,737 shares of the company’s stock worth $84,110,000 after purchasing an additional 496,110 shares in the last quarter. AQR Capital Management LLC increased its holdings in shares of Vanguard High Dividend Yield ETF by 846.2% during the third quarter. AQR Capital Management LLC now owns 401,576 shares of the company’s stock worth $56,602,000 after purchasing an additional 359,136 shares during the period. Finally, LPL Financial LLC increased its holdings in shares of Vanguard High Dividend Yield ETF by 5.3% during the fourth quarter. LPL Financial LLC now owns 6,820,119 shares of the company’s stock worth $978,823,000 after purchasing an additional 345,129 shares during the period.

About Vanguard High Dividend Yield ETF

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.