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NYSEARCA:VYM

Vanguard High Dividend Yield ETF (VYM) Price, Holdings, & News

$118.48
-0.03 (-0.03%)
(As of 06/12/2024 ET)
Today's Range
$118.21
$119.86
50-Day Range
$114.78
$121.51
52-Week Range
$98.40
$121.64
Volume
809,205 shs
Average Volume
1.00 million shs
Market Capitalization
$53.65 billion
Assets Under Management
$53.71 billion
Dividend Yield
2.74%
Net Expense Ratio
0.06%
VYM stock logo

About Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

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.

VYM Stock Price History

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Fund Details

Issuer
Vanguard
Fund Name
Vanguard High Dividend Yield ETF
Tax Classification
Regulated Investment Company
Current Symbol
NYSEARCA:VYM
Inception Date
11/10/2006
Fund Manager
Gerard C. O'Reilly, William Coleman

Fund Focus

Asset Class
Equity
Benchmark
FTSE High Dividend Yield Index
Category
Strategy
Focus
High Dividend Yield
Development Level
Developed Markets
Region
North America
Number of Holdings
559

Fund Statistics

Assets Under Management
$53.71 billion
Average Daily Volume
$667,423.10
Discount/Premium
-0.02%

Administrator, Advisor and Custodian

Administrator
The Vanguard Group, Inc.
Advisor
The Vanguard Group, Inc.
Custodian
JPMorgan Chase Bank, N.A.
Distributor
Vanguard Marketing Corporation
Transfer Agent
The Vanguard Group, Inc.
Trustee
N/A
Lead Market Maker
Virtu Financial

Options

Optionable
Optionable
Options Volume
62
Put Options
14
Call Options
48
Short Interest
703,200 shs

Miscellaneous

Beta
0.70
Creation Unit
25,000
Creation Fee
$250.00
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Vanguard High Dividend Yield ETF Expenses

TypeVYMHigh Dividend Yield ETFsEquity ETFsNYSEARCA ETFsAll ETFs
Management Fee0.06%0.45%0.54%0.51%0.51%
Other Expenses0.00%0.26%0.54%0.64%0.58%
Total Expense0.06%0.53%0.70%0.74%0.70%
Fee Waiver0.00%-0.21%-0.54%-0.68%-0.56%
Net Expense0.06%0.51%0.60%0.58%0.58%

Vanguard High Dividend Yield ETF (VYM) Holdings & Exposure

VYM Sector Exposure

VYM Industry Exposure

Should I Buy Vanguard High Dividend Yield ETF Stock? VYM Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Vanguard High Dividend Yield ETF:

  • Provides exposure to a diversified portfolio of high dividend-yielding stocks, offering potential for consistent income generation.
  • Offers a cost-effective way to access a basket of dividend-paying companies, reducing individual stock selection risk.
  • Historically, high dividend yield ETFs like VYM have shown resilience during market downturns, providing a buffer against volatility.
  • Current stock price of VYM is attractive, presenting a favorable entry point for investors seeking dividend income.
  • Dividend yield ETFs can be a suitable option for income-focused investors looking for regular cash flow from their investments.

Cons

Investors should be bearish about investing in Vanguard High Dividend Yield ETF for these reasons:

  • High dividend yield ETFs may underperform growth-focused ETFs during periods of strong market expansion, potentially limiting capital appreciation.
  • Interest rate hikes could negatively impact high dividend yield stocks, leading to a decrease in share prices.
  • Dividend payouts are not guaranteed and may fluctuate based on the performance of underlying companies, affecting income stability.
  • Expense ratios associated with ETFs like VYM can erode overall returns over time, especially in a low yield environment.
  • Investors should consider the tax implications of dividend income, as high dividend yield ETFs may result in higher tax liabilities for some investors.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Sunday, June 2, 2024. Please send any questions or comments about these Vanguard High Dividend Yield ETF pros and cons to contact@marketbeat.com.

VYM ETF - Frequently Asked Questions

How have VYM shares performed in 2024?

Vanguard High Dividend Yield ETF's stock was trading at $111.63 on January 1st, 2024. Since then, VYM stock has increased by 6.1% and is now trading at $118.48.
View the best growth stocks for 2024 here
.

What does VYM invest in?

Vanguard High Dividend Yield ETF is a equity fund issued by Vanguard. VYM focuses on high dividend yield investments and follows the FTSE High Dividend Yield Index. The fund's investments total to approximately $53.71 billion assets under management.

What stocks does Vanguard High Dividend Yield ETF hold?
What is the management fee for Vanguard High Dividend Yield ETF?

Vanguard High Dividend Yield ETF's management fee is 0.06% and has no other recorded expenses or fee waivers. The net expense ratio for VYM is 0.06%.

What other stocks do shareholders of Vanguard High Dividend Yield ETF own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Vanguard High Dividend Yield ETF investors own include Home Depot (HD), AT&T (T), Verizon Communications (VZ), JPMorgan Chase & Co. (JPM), Coca-Cola (KO), Pfizer (PFE), AbbVie (ABBV), Johnson & Johnson (JNJ), Vanguard Dividend Appreciation ETF (VIG) and 3M (MMM).

Who are Vanguard High Dividend Yield ETF's major shareholders?

Vanguard High Dividend Yield ETF's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Raymond James Financial Services Advisors Inc. (0.89%), Raymond James & Associates (0.75%), Vanguard Group Inc. (0.72%), Commonwealth Equity Services LLC (0.44%), Janney Montgomery Scott LLC (0.41%) and Cetera Investment Advisers (0.35%).

How do I buy shares of Vanguard High Dividend Yield ETF?

Shares of VYM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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This page (NYSEARCA:VYM) was last updated on 6/13/2024 by MarketBeat.com Staff

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