Vanguard High Dividend Yield ETF (NYSEARCA:VYM) Short Interest Down 19.8% in January

Vanguard High Dividend Yield ETF (NYSEARCA:VYM) was the target of a significant drop in short interest during the month of January. As of January 15th, there was short interest totaling 694,707 shares, a drop of 19.8% from the December 31st total of 866,684 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average trading volume of 1,751,416 shares, the short-interest ratio is presently 0.4 days. Based on an average trading volume of 1,751,416 shares, the short-interest ratio is presently 0.4 days. Approximately 0.1% of the shares of the company are sold short.

Vanguard High Dividend Yield ETF Stock Up 0.7%

NYSEARCA:VYM traded up $1.07 during trading hours on Monday, reaching $151.03. 1,642,757 shares of the company’s stock were exchanged, compared to its average volume of 1,697,885. Vanguard High Dividend Yield ETF has a 1-year low of $112.05 and a 1-year high of $151.19. The firm has a market capitalization of $72.58 billion, a price-to-earnings ratio of 17.79 and a beta of 0.79. The company has a 50-day moving average of $145.90 and a 200 day moving average of $141.46.

Hedge Funds Weigh In On Vanguard High Dividend Yield ETF

Several institutional investors have recently added to or reduced their stakes in the stock. Columbus Macro LLC raised its stake in shares of Vanguard High Dividend Yield ETF by 0.6% during the fourth quarter. Columbus Macro LLC now owns 10,938 shares of the company’s stock worth $1,570,000 after purchasing an additional 70 shares during the last quarter. McAdam LLC lifted its stake in shares of Vanguard High Dividend Yield ETF by 2.0% in the 3rd quarter. McAdam LLC now owns 3,692 shares of the company’s stock worth $520,000 after acquiring an additional 71 shares during the period. Sage Financial Group Inc. boosted its holdings in shares of Vanguard High Dividend Yield ETF by 2.1% in the third quarter. Sage Financial Group Inc. now owns 3,580 shares of the company’s stock valued at $505,000 after acquiring an additional 72 shares in the last quarter. Keystone Financial Group increased its stake in shares of Vanguard High Dividend Yield ETF by 0.5% during the third quarter. Keystone Financial Group now owns 16,051 shares of the company’s stock worth $2,262,000 after acquiring an additional 73 shares during the period. Finally, CWA Asset Management Group LLC lifted its position in Vanguard High Dividend Yield ETF by 2.4% in the third quarter. CWA Asset Management Group LLC now owns 3,155 shares of the company’s stock valued at $445,000 after purchasing an additional 74 shares during the period.

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.