Vanguard High Dividend Yield ETF (NYSEARCA:VYM) Sees Unusually-High Trading Volume – Should You Buy?

Shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) saw an uptick in trading volume on Tuesday . 1,110,440 shares were traded during trading, an increase of 19% from the previous session’s volume of 932,922 shares.The stock last traded at $128.38 and had previously closed at $127.77.

Vanguard High Dividend Yield ETF Trading Up 0.8 %

The company has a market capitalization of $58.31 billion, a P/E ratio of 15.88 and a beta of 0.70. The business’s fifty day moving average price is $131.00 and its 200-day moving average price is $125.97.

Hedge Funds Weigh In On Vanguard High Dividend Yield ETF

A number of large investors have recently modified their holdings of the company. Atomi Financial Group Inc. boosted its holdings in Vanguard High Dividend Yield ETF by 12.3% during the 2nd quarter. Atomi Financial Group Inc. now owns 5,959 shares of the company’s stock valued at $707,000 after acquiring an additional 652 shares during the period. Strategic Blueprint LLC raised its holdings in Vanguard High Dividend Yield ETF by 2.1% during the 2nd quarter. Strategic Blueprint LLC now owns 13,327 shares of the company’s stock valued at $1,581,000 after buying an additional 272 shares during the last quarter. Tower View Wealth Management LLC boosted its position in Vanguard High Dividend Yield ETF by 3.3% during the 2nd quarter. Tower View Wealth Management LLC now owns 4,021 shares of the company’s stock valued at $477,000 after buying an additional 129 shares during the period. Arkadios Wealth Advisors grew its holdings in Vanguard High Dividend Yield ETF by 68.9% in the 2nd quarter. Arkadios Wealth Advisors now owns 13,012 shares of the company’s stock worth $1,543,000 after acquiring an additional 5,310 shares during the last quarter. Finally, Ridgewood Investments LLC purchased a new position in shares of Vanguard High Dividend Yield ETF in the second quarter valued at about $49,000.

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.