Vanguard High Dividend Yield ETF (NYSEARCA:VYM) Reaches New 52-Week High – Still a Buy?

Vanguard High Dividend Yield ETF (NYSEARCA:VYM)’s stock price hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as $161.75 and last traded at $161.71, with a volume of 177258 shares. The stock had previously closed at $160.50.

Vanguard High Dividend Yield ETF Price Performance

The stock has a 50-day moving average of $158.92 and a 200 day moving average of $153.97. The company has a market cap of $80.86 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 large investors have recently modified their holdings of VYM. Brighton Jones LLC boosted its position in Vanguard High Dividend Yield ETF by 23.3% during the 4th quarter. Brighton Jones LLC now owns 16,836 shares of the company’s stock worth $2,148,000 after buying an additional 3,177 shares during the period. AQR Capital Management LLC increased its position in Vanguard High Dividend Yield ETF by 314.5% in the 1st 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. raised its stake in shares of Vanguard High Dividend Yield ETF by 245.7% during the second quarter. Russell Investments Group Ltd. now owns 3,519 shares of the company’s stock valued at $469,000 after acquiring an additional 2,501 shares during the last quarter. First Trust Advisors LP lifted its holdings in shares of Vanguard High Dividend Yield ETF by 42.7% during the second quarter. First Trust Advisors LP now owns 18,568 shares of the company’s stock worth $2,475,000 after purchasing an additional 5,556 shares during the period. Finally, Gamco Investors INC. ET AL acquired a new position in shares of Vanguard High Dividend Yield ETF during the second quarter worth $1,066,000.

Vanguard High Dividend Yield ETF Company Profile

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.