Vanguard High Dividend Yield ETF (NYSEARCA:VYM) Sees Significant Drop in Short Interest

Vanguard High Dividend Yield ETF (NYSEARCA:VYM) was the recipient of a large decline in short interest in the month of May. As of May 29th, there was short interest totaling 543,299 shares, a decline of 53.7% from the May 14th total of 1,174,457 shares. Approximately 0.1% of the company’s shares are sold short. Based on an average daily trading volume, of 1,000,540 shares, the short-interest ratio is presently 0.5 days.

Hedge Funds Weigh In On Vanguard High Dividend Yield ETF

A number of large investors have recently made changes to their positions in the business. Ballast Advisors LLC increased its holdings in shares of Vanguard High Dividend Yield ETF by 8.2% in the 4th quarter. Ballast Advisors LLC now owns 868 shares of the company’s stock valued at $125,000 after purchasing an additional 66 shares during the period. Blue Trust Inc. increased its holdings in shares of Vanguard High Dividend Yield ETF by 2.7% in the 1st quarter. Blue Trust Inc. now owns 2,513 shares of the company’s stock valued at $372,000 after purchasing an additional 66 shares during the period. Columbus Macro LLC increased its holdings in shares of Vanguard High Dividend Yield ETF by 0.6% in the 4th quarter. Columbus Macro LLC now owns 10,938 shares of the company’s stock valued at $1,570,000 after purchasing an additional 70 shares during the period. Sage Financial Group Inc. increased its holdings in shares of Vanguard High Dividend Yield ETF by 2.1% in the 3rd quarter. Sage Financial Group Inc. now owns 3,580 shares of the company’s stock valued at $505,000 after purchasing an additional 72 shares during the period. Finally, L.K. Benson & Company P.C. increased its holdings in shares of Vanguard High Dividend Yield ETF by 2.4% in the 4th quarter. L.K. Benson & Company P.C. now owns 3,053 shares of the company’s stock valued at $438,000 after purchasing an additional 72 shares during the period.

Vanguard High Dividend Yield ETF Stock Up 0.8%

Shares of VYM traded up $1.28 during trading hours on Friday, reaching $160.33. The company’s stock had a trading volume of 1,135,191 shares, compared to its average volume of 1,484,324. The firm has a market cap of $78.64 billion, a price-to-earnings ratio of 17.79 and a beta of 0.73. Vanguard High Dividend Yield ETF has a 1-year low of $129.11 and a 1-year high of $161.29. The company has a 50 day moving average of $155.81 and a two-hundred day moving average of $151.10.

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.