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

Vanguard High Dividend Yield ETF (NYSEARCA:VYM) saw unusually large options trading activity on Tuesday. Stock traders bought 20,023 call options on the company. This is an increase of 2,875% compared to the average daily volume of 673 call options.

Vanguard High Dividend Yield ETF Price Performance

Shares of Vanguard High Dividend Yield ETF stock traded up $0.17 during trading on Tuesday, hitting $166.23. 448,049 shares of the company’s stock traded hands, compared to its average volume of 1,448,834. The company has a market cap of $83.07 billion, a PE ratio of 17.79 and a beta of 0.73. The firm’s fifty day moving average price is $160.54 and its 200 day moving average price is $155.60. Vanguard High Dividend Yield ETF has a twelve month low of $135.43 and a twelve month high of $166.75.

Institutional Investors Weigh In On Vanguard High Dividend Yield ETF

A number of institutional investors have recently added to or reduced their stakes in the stock. Brighton Jones LLC grew its position in Vanguard High Dividend Yield ETF by 23.3% in the fourth quarter. Brighton Jones LLC now owns 16,836 shares of the company’s stock valued at $2,148,000 after acquiring an additional 3,177 shares during the period. AQR Capital Management LLC lifted its holdings in shares of Vanguard High Dividend Yield ETF by 314.5% during the first quarter. AQR Capital Management LLC now owns 28,618 shares of the company’s stock valued at $3,690,000 after acquiring an additional 21,713 shares during the period. Russell Investments Group Ltd. boosted its stake in shares of Vanguard High Dividend Yield ETF by 245.7% in the 2nd quarter. Russell Investments Group Ltd. now owns 3,519 shares of the company’s stock valued at $469,000 after purchasing an additional 2,501 shares in the last quarter. First Trust Advisors LP boosted its stake in shares of Vanguard High Dividend Yield ETF by 42.7% in the 2nd quarter. First Trust Advisors LP now owns 18,568 shares of the company’s stock valued at $2,475,000 after purchasing an additional 5,556 shares in the last quarter. Finally, Gamco Investors INC. ET AL bought a new stake in shares of Vanguard High Dividend Yield ETF in the 2nd quarter worth about $1,066,000.

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.