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

Vanguard High Dividend Yield ETF (NYSEARCA:VYM) saw some unusual options trading on Tuesday. Investors bought 9,650 call options on the stock. This is an increase of approximately 1,564% compared to the typical daily volume of 580 call options.

Institutional Investors Weigh In On Vanguard High Dividend Yield ETF

Several large investors have recently modified their holdings of VYM. McAdam LLC increased its holdings in Vanguard High Dividend Yield ETF by 2.0% during the third quarter. McAdam LLC now owns 3,692 shares of the company’s stock valued at $520,000 after buying an additional 71 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 acquiring an additional 72 shares during the period. Keystone Financial Group increased its holdings in shares of Vanguard High Dividend Yield ETF by 0.5% in the 3rd quarter. Keystone Financial Group now owns 16,051 shares of the company’s stock valued at $2,262,000 after acquiring an additional 73 shares during the period. CWA Asset Management Group LLC raised its position in shares of Vanguard High Dividend Yield ETF by 2.4% in the 3rd quarter. CWA Asset Management Group LLC now owns 3,155 shares of the company’s stock worth $445,000 after acquiring an additional 74 shares in the last quarter. Finally, Axxcess Wealth Management LLC lifted its stake in shares of Vanguard High Dividend Yield ETF by 1.0% during the 3rd quarter. Axxcess Wealth Management LLC now owns 7,761 shares of the company’s stock worth $1,094,000 after purchasing an additional 74 shares during the last quarter.

Vanguard High Dividend Yield ETF Price Performance

VYM stock opened at $145.06 on Thursday. The company has a market capitalization of $67.82 billion, a PE ratio of 17.79 and a beta of 0.79. The firm’s 50-day moving average is $142.46 and its 200 day moving average is $138.72. Vanguard High Dividend Yield ETF has a 12 month low of $112.05 and a 12 month high of $147.88.

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.