Vanguard High Dividend Yield ETF (NYSEARCA:VYM) Hits New 12-Month High – Time to Buy?

Vanguard High Dividend Yield ETF (NYSEARCA:VYM) hit a new 52-week high on Friday . The stock traded as high as $145.47 and last traded at $145.3750, with a volume of 1749 shares. The stock had previously closed at $145.11.

Vanguard High Dividend Yield ETF Price Performance

The stock has a market capitalization of $68.13 billion, a PE ratio of 17.79 and a beta of 0.79. The firm has a fifty day moving average price of $141.21 and a two-hundred day moving average price of $137.08.

Institutional Trading of Vanguard High Dividend Yield ETF

Several institutional investors and hedge funds have recently made changes to their positions in VYM. Atwood & Palmer Inc. purchased a new position in Vanguard High Dividend Yield ETF in the 2nd quarter worth about $26,000. Stone House Investment Management LLC bought a new position in Vanguard High Dividend Yield ETF in the 1st quarter worth about $27,000. Moisand Fitzgerald Tamayo LLC bought a new position in Vanguard High Dividend Yield ETF in the 2nd quarter worth about $27,000. Financial Management Professionals Inc. purchased a new position in shares of Vanguard High Dividend Yield ETF during the second quarter worth approximately $31,000. Finally, Stonehage Fleming Financial Services Holdings Ltd bought a new stake in shares of Vanguard High Dividend Yield ETF during the third quarter valued at approximately $31,000.

Vanguard High Dividend Yield ETF Company Profile

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.