Vanguard High Dividend Yield ETF (NYSEARCA:VYM) Sets New 12-Month High – Time to Buy?

Vanguard High Dividend Yield ETF (NYSEARCA:VYM)’s stock price reached a new 52-week high on Wednesday . The company traded as high as $149.23 and last traded at $148.8270, with a volume of 522157 shares trading hands. The stock had previously closed at $148.60.

Vanguard High Dividend Yield ETF Trading Up 0.1%

The company has a market capitalization of $71.48 billion, a P/E ratio of 17.79 and a beta of 0.79. The stock’s fifty day moving average is $145.31 and its 200 day moving average is $141.14.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of VYM. Dorato Capital Management purchased a new position in shares of Vanguard High Dividend Yield ETF during the fourth quarter valued at approximately $30,000. Stonehage Fleming Financial Services Holdings Ltd purchased a new position in Vanguard High Dividend Yield ETF during the 3rd quarter valued at $31,000. Kiker Wealth Management LLC bought a new position in Vanguard High Dividend Yield ETF in the 2nd quarter worth $35,000. Nvwm LLC purchased a new stake in shares of Vanguard High Dividend Yield ETF in the 2nd quarter worth about $35,000. Finally, GFG Capital LLC purchased a new stake in shares of Vanguard High Dividend Yield ETF in the 2nd quarter worth about $36,000.

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.