Vanguard High Dividend Yield ETF Target of Unusually High Options Trading (NYSEARCA:VYM)

Vanguard High Dividend Yield ETF (NYSEARCA:VYM) was the target of unusually large options trading on Monday. Stock investors acquired 9,399 call options on the stock. This is an increase of 1,337% compared to the typical daily volume of 654 call options.

Vanguard High Dividend Yield ETF Price Performance

Vanguard High Dividend Yield ETF stock traded up $0.76 during midday trading on Monday, hitting $131.30. 496,355 shares of the stock were exchanged, compared to its average volume of 1,109,116. The company has a 50 day moving average price of $125.94 and a two-hundred day moving average price of $128.69. The firm has a market cap of $59.93 billion, a P/E ratio of 18.75 and a beta of 0.79. Vanguard High Dividend Yield ETF has a 1 year low of $112.05 and a 1 year high of $135.10.

Hedge Funds Weigh In On Vanguard High Dividend Yield ETF

Several institutional investors have recently modified their holdings of the company. Stone House Investment Management LLC purchased a new stake in Vanguard High Dividend Yield ETF in the 1st quarter worth about $27,000. Valley Wealth Managers Inc. grew 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 in the last quarter. Runnymede Capital Advisors Inc. bought a new position in Vanguard High Dividend Yield ETF during the fourth quarter valued at approximately $34,000. Pillar Financial Advisors LLC acquired a new stake in Vanguard High Dividend Yield ETF in the fourth quarter valued at approximately $41,000. Finally, Financial Gravity Asset Management Inc. acquired a new stake in shares of Vanguard High Dividend Yield ETF in the 1st quarter valued at $41,000.

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.