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

Vanguard High Dividend Yield ETF (NYSEARCA:VYM) shares 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 Trading Up 0.8%

The business’s 50-day simple moving average is $158.92 and its two-hundred day simple moving average is $153.97. The firm has a market cap of $80.86 billion, a price-to-earnings ratio of 17.79 and a beta of 0.73.

Institutional Trading of Vanguard High Dividend Yield ETF

Several large investors have recently made changes to their positions in the company. Merit Financial Group LLC grew its stake in Vanguard High Dividend Yield ETF by 1.4% in the second quarter. Merit Financial Group LLC now owns 294,968 shares of the company’s stock valued at $46,614,000 after acquiring an additional 4,063 shares during the period. GRIMES & Co WEALTH MANAGEMENT LLC raised its position in shares of Vanguard High Dividend Yield ETF by 0.3% during the second quarter. GRIMES & Co WEALTH MANAGEMENT LLC now owns 22,874 shares of the company’s stock worth $3,615,000 after purchasing an additional 63 shares during the period. Heartwood Wealth Advisors LLC lifted its holdings in shares of Vanguard High Dividend Yield ETF by 3.3% in the 2nd quarter. Heartwood Wealth Advisors LLC now owns 277,781 shares of the company’s stock worth $43,898,000 after purchasing an additional 8,859 shares in the last quarter. Liberty Capital Management Inc. acquired a new stake in Vanguard High Dividend Yield ETF in the 2nd quarter valued at $1,475,000. Finally, Formidable Asset Management LLC grew its position in Vanguard High Dividend Yield ETF by 1.3% in the 2nd quarter. Formidable Asset Management LLC now owns 13,385 shares of the company’s stock valued at $1,982,000 after purchasing an additional 170 shares during the period.

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.