Stock Traders Buy High Volume of Call Options on Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Vanguard High Dividend Yield ETF (NYSEARCA:VYM) was the target of some unusual options trading activity on Wednesday. Stock investors bought 9,986 call options on the company. This is an increase of approximately 1,147% compared to the average volume of 801 call options.

Institutional Investors Weigh In On Vanguard High Dividend Yield ETF

Several large investors have recently added to or reduced their stakes in VYM. Auto Owners Insurance Co lifted its stake in Vanguard High Dividend Yield ETF by 20,425.2% in the fourth quarter. Auto Owners Insurance Co now owns 148,643,664 shares of the company’s stock valued at $21,333,339,000 after buying an additional 147,919,464 shares during the period. BNP Paribas Financial Markets increased its stake in shares of Vanguard High Dividend Yield ETF by 17,493.6% in the 4th quarter. BNP Paribas Financial Markets now owns 700,928 shares of the company’s stock valued at $100,597,000 after acquiring an additional 696,944 shares in the last quarter. Wellington Management Group LLP increased its stake in shares of Vanguard High Dividend Yield ETF by 493.0% in the 3rd quarter. Wellington Management Group LLP now owns 596,737 shares of the company’s stock valued at $84,110,000 after acquiring an additional 496,110 shares in the last quarter. AQR Capital Management LLC lifted its position in shares of Vanguard High Dividend Yield ETF by 846.2% during the 3rd quarter. AQR Capital Management LLC now owns 401,576 shares of the company’s stock valued at $56,602,000 after acquiring an additional 359,136 shares during the period. Finally, LPL Financial LLC lifted its position in shares of Vanguard High Dividend Yield ETF by 5.3% during the 4th quarter. LPL Financial LLC now owns 6,820,119 shares of the company’s stock valued at $978,823,000 after acquiring an additional 345,129 shares during the period.

Vanguard High Dividend Yield ETF Stock Up 0.3%

Vanguard High Dividend Yield ETF stock traded up $0.44 during trading hours on Wednesday, reaching $158.57. 422,252 shares of the company’s stock were exchanged, compared to its average volume of 1,490,960. The firm’s 50 day simple moving average is $157.05 and its 200 day simple moving average is $151.90. Vanguard High Dividend Yield ETF has a twelve month low of $130.83 and a twelve month high of $161.46. The firm has a market capitalization of $77.77 billion, a PE ratio of 17.79 and a beta of 0.73.

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.