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

Vanguard High Dividend Yield ETF (NYSEARCA:VYM) shares hit a new 52-week high during trading on Friday . The company traded as high as $133.61 and last traded at $133.59, with a volume of 683109 shares. The stock had previously closed at $132.50.

Vanguard High Dividend Yield ETF Trading Up 0.7 %

The firm has a market capitalization of $60.42 billion, a PE ratio of 15.88 and a beta of 0.70. The business has a 50-day moving average of $129.29 and a 200 day moving average of $124.01.

Institutional Trading of Vanguard High Dividend Yield ETF

Several hedge funds have recently made changes to their positions in the company. Chris Bulman Inc bought a new position in Vanguard High Dividend Yield ETF in the 2nd quarter worth about $26,000. FSA Wealth Management LLC bought a new position in shares of Vanguard High Dividend Yield ETF in the third quarter valued at approximately $26,000. Cultivar Capital Inc. purchased a new position in Vanguard High Dividend Yield ETF during the second quarter valued at approximately $36,000. Clean Yield Group bought a new stake in Vanguard High Dividend Yield ETF during the 1st quarter worth approximately $44,000. Finally, Highline Wealth Partners LLC bought a new stake in Vanguard High Dividend Yield ETF during the 3rd quarter worth approximately $45,000.

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.