Stock Traders Buy High Volume of Call Options on Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

by · The Markets Daily

Vanguard High Dividend Yield ETF (NYSEARCA:VYM – Get Free Report) was the target of some unusual options trading on Wednesday. Traders acquired 9,986 call options on the company. This represents an increase of 1,147% compared to the typical volume of 801 call options.

Hedge Funds Weigh In On Vanguard High Dividend Yield ETF

A number of hedge funds have recently made changes to their positions in VYM. Ballast Advisors LLC increased its position in Vanguard High Dividend Yield ETF by 8.2% during 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. boosted its stake 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 last quarter. Columbus Macro LLC boosted its stake 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 last quarter. Sage Financial Group Inc. increased its position in shares of Vanguard High Dividend Yield ETF by 2.1% during the third quarter. Sage Financial Group Inc. now owns 3,580 shares of the company’s stock worth $505,000 after buying an additional 72 shares during the period. Finally, L.K. Benson & Company P.C. increased its position in shares of Vanguard High Dividend Yield ETF by 2.4% during the fourth quarter. L.K. Benson & Company P.C. now owns 3,053 shares of the company’s stock worth $438,000 after buying an additional 72 shares during the period.

Vanguard High Dividend Yield ETF Trading Up 0.3%

NYSEARCA:VYM traded up $0.44 during trading hours on Wednesday, hitting $158.57. 422,252 shares of the company were exchanged, compared to its average volume of 1,490,960. The stock has a market capitalization of $77.77 billion, a price-to-earnings ratio of 17.79 and a beta of 0.73. Vanguard High Dividend Yield ETF has a one year low of $130.83 and a one year high of $161.46. The company has a fifty day simple moving average of $157.05 and a 200 day simple moving average of $151.90.

About Vanguard High Dividend Yield ETF

(Get Free Report)

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.

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