Martel Wealth Advisors LLC Has $118.14 Million Holdings in Vanguard High Dividend Yield ETF $VYM

Martel Wealth Advisors LLC increased its stake in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 1.7% during the 2nd quarter, Holdings Channel reports. The institutional investor owned 747,548 shares of the company’s stock after buying an additional 12,208 shares during the period. Vanguard High Dividend Yield ETF makes up 18.6% of Martel Wealth Advisors LLC’s holdings, making the stock its 3rd biggest holding. Martel Wealth Advisors LLC’s holdings in Vanguard High Dividend Yield ETF were worth $118,135,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Brighton Jones LLC raised its position in Vanguard High Dividend Yield ETF by 23.3% in the 4th quarter. Brighton Jones LLC now owns 16,836 shares of the company’s stock worth $2,148,000 after purchasing an additional 3,177 shares during the last quarter. AQR Capital Management LLC lifted its stake in shares of Vanguard High Dividend Yield ETF by 314.5% during the first quarter. AQR Capital Management LLC now owns 28,618 shares of the company’s stock valued at $3,690,000 after acquiring an additional 21,713 shares during the period. Russell Investments Group Ltd. lifted its stake in shares of Vanguard High Dividend Yield ETF by 245.7% during the second quarter. Russell Investments Group Ltd. now owns 3,519 shares of the company’s stock valued at $469,000 after acquiring an additional 2,501 shares during the period. First Trust Advisors LP boosted its holdings in Vanguard High Dividend Yield ETF by 42.7% in the second quarter. First Trust Advisors LP now owns 18,568 shares of the company’s stock valued at $2,475,000 after acquiring an additional 5,556 shares during the last quarter. Finally, Gamco Investors INC. ET AL bought a new position in Vanguard High Dividend Yield ETF in the second quarter valued at about $1,066,000.

Vanguard High Dividend Yield ETF Stock Up 0.3%

Shares of VYM stock opened at $166.67 on Thursday. Vanguard High Dividend Yield ETF has a 12 month low of $136.63 and a 12 month high of $166.83. The firm has a market cap of $83.29 billion, a price-to-earnings ratio of 17.79 and a beta of 0.73. The stock has a 50-day moving average price of $160.76 and a 200 day moving average price of $155.85.

About Vanguard High Dividend Yield ETF

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.