Vanguard High Dividend Yield ETF Recorded $-113.13M Redemptions Following -0.51% AUM Decrease

October 2, 2018 - By Hazel Jackson

Today were reported Vanguard High Dividend Yield ETF (NYSEARCA:VYM)‘s daily net flows. The ETF registered $-113.13M asset outflows for -0.51% decrease, reaching $22063.25M after yestarday’s trading session. The chart of Vanguard High Dividend Yield ETF shows negative short-term setup. In the net flows calculation is not included the performance of the etf but only share redemptions (outflows) and share purchases (inflows). Net outflows leads to less cash for managers to invest, which theoretically decreases demand for the etf’s holdings. The ETF increased 0.45% or $0.39 during the last trading session, reaching $87.48. About 847,844 shares traded or 38.27% up from the average. Vanguard High Dividend Yield ETF (NYSEARCA:VYM) has risen 8.89% since October 2, 2017 and is uptrending. It has underperformed by 6.73% the S&P500.

The ETF’s YTD performance is 3.61%, the 1 year is 13.58% and the 3 year is 14.32%.

The ETF’s average P/E ratio is 14.74, the price to book is 2.52, the price to sales is 1.79 and the price to cashflow is 11.2. Vanguard High Dividend Yield ETF is in the ETF category: Large Value, is part of the Vanguard fund family and currently has $30.45 billion net assets. It was started on 1/1/0001. The fund’s top holdings are: JPMorgan Chase & Co for 3.76% of assets, Johnson & Johnson for 3.51%, Exxon Mobil Corp for 3.29%, Wells Fargo & Co for 2.49%, Pfizer Inc for 2.33%, AT&T Inc for 2.25%, Cisco Systems Inc for 2.23%, Chevron Corp for 2.19%, Intel Corp for 2.19%, Verizon Communications Inc for 2.18%. The ETF sector weights are: Basic Materials 3.42%, Consumer Cyclical 6.12%, Financial Services 16.45%, Realestate 0.04%, Consumer Defensive 13.44%, Healthcare 14.23%, Utilities 7.24%, Communication Services 6.33%, Energy 9.60%, Industrials 11.70%, Technology 11.44%. The ETF currently as 2.84% yield.

Another recent and important Vanguard High Dividend Yield ETF (NYSEARCA:VYM) news was published by Investorplace.com which published an article titled: “7 Inexpensive High Dividend ETFs to Buy” on September 07, 2018.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

By

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our FREE daily email newsletter:


>