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

Vanguard High Dividend Yield ETF (NYSEARCA:VYM) saw some unusual options trading on Friday. Stock traders bought 19,036 call options on the company. This represents an increase of approximately 2,544% compared to the typical volume of 720 call options.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of VYM. Cresset Asset Management LLC increased its position in shares of Vanguard High Dividend Yield ETF by 6.2% during the fourth quarter. Cresset Asset Management LLC now owns 106,796 shares of the company’s stock valued at $11,922,000 after acquiring an additional 6,242 shares in the last quarter. NBC Securities Inc. lifted its holdings in Vanguard High Dividend Yield ETF by 19.6% in the 1st quarter. NBC Securities Inc. now owns 12,631 shares of the company’s stock worth $1,528,000 after purchasing an additional 2,074 shares in the last quarter. Davidson Trust Co. lifted its stake in Vanguard High Dividend Yield ETF by 42.3% in the 4th quarter. Davidson Trust Co. now owns 26,472 shares of the company’s stock worth $2,955,000 after purchasing an additional 7,867 shares in the last quarter. Diversified Trust Co grew its holdings in Vanguard High Dividend Yield ETF by 49.9% during the 1st quarter. Diversified Trust Co now owns 24,386 shares of the company’s stock valued at $2,950,000 after buying an additional 8,116 shares in the last quarter. Finally, Vanguard Group Inc. increased its holdings in shares of Vanguard High Dividend Yield ETF by 0.3% in the 4th quarter. Vanguard Group Inc. now owns 3,230,426 shares of the company’s stock worth $360,612,000 after buying an additional 9,362 shares during the last quarter.

Vanguard High Dividend Yield ETF Stock Performance

Shares of NYSEARCA VYM traded up $0.10 during mid-day trading on Friday, hitting $123.40. 271,414 shares of the stock traded hands, compared to its average volume of 957,457. Vanguard High Dividend Yield ETF has a 52 week low of $98.40 and a 52 week high of $125.07. The company has a market cap of $55.87 billion, a price-to-earnings ratio of 15.88 and a beta of 0.70. The stock has a fifty day moving average price of $120.44 and a 200-day moving average price of $118.33.

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.