Vanguard High Dividend Yield ETF Target of Unusually Large Options Trading (NYSEARCA:VYM)

Vanguard High Dividend Yield ETF (NYSEARCA:VYM) saw unusually large options trading activity on Friday. Stock traders purchased 19,706 call options on the company. This represents an increase of approximately 2,139% compared to the typical volume of 880 call options.

Institutional Investors Weigh In On Vanguard High Dividend Yield ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Moneta Group Investment Advisors LLC increased its stake in shares of Vanguard High Dividend Yield ETF by 110,970.8% during the 4th quarter. Moneta Group Investment Advisors LLC now owns 394,835,570 shares of the company’s stock worth $42,725,157,000 after purchasing an additional 394,480,089 shares during the last quarter. Sumitomo Life Insurance Co. increased its stake in shares of Vanguard High Dividend Yield ETF by 81.5% during the 3rd quarter. Sumitomo Life Insurance Co. now owns 18,483,322 shares of the company’s stock worth $1,966,803,000 after purchasing an additional 8,298,820 shares during the last quarter. International Assets Investment Management LLC acquired a new position in shares of Vanguard High Dividend Yield ETF during the 4th quarter worth $254,023,000. Pathstone Holdings LLC acquired a new position in shares of Vanguard High Dividend Yield ETF during the 4th quarter worth $164,899,000. Finally, Pathstone Family Office LLC increased its stake in shares of Vanguard High Dividend Yield ETF by 1,737.7% during the 3rd quarter. Pathstone Family Office LLC now owns 1,502,345 shares of the company’s stock worth $155,233,000 after purchasing an additional 1,420,593 shares during the last quarter.

Vanguard High Dividend Yield ETF Stock Up 0.8 %

VYM stock opened at $115.93 on Friday. Vanguard High Dividend Yield ETF has a 12-month low of $98.40 and a 12-month high of $121.29. The company has a market cap of $52.49 billion, a price-to-earnings ratio of 15.82 and a beta of 0.73. The company has a 50 day moving average of $116.97 and a two-hundred day moving average of $110.74.

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.