Martel Wealth Advisors Inc Has $99.86 Million Stake in Vanguard High Dividend Yield ETF $VYM

Martel Wealth Advisors Inc lifted its holdings in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 2.3% during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 708,503 shares of the company’s stock after acquiring an additional 16,139 shares during the period. Vanguard High Dividend Yield ETF makes up approximately 17.5% of Martel Wealth Advisors Inc’s investment portfolio, making the stock its 3rd largest position. Martel Wealth Advisors Inc’s holdings in Vanguard High Dividend Yield ETF were worth $99,864,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Atwood & Palmer Inc. acquired a new position in shares of Vanguard High Dividend Yield ETF during the 2nd quarter worth approximately $26,000. Moisand Fitzgerald Tamayo LLC bought a new stake in shares of Vanguard High Dividend Yield ETF in the second quarter valued at approximately $27,000. Financial Management Professionals Inc. acquired a new stake in Vanguard High Dividend Yield ETF during the second quarter worth approximately $31,000. Strategic Investment Solutions Inc. IL increased its stake in Vanguard High Dividend Yield ETF by 92.0% during the 2nd quarter. Strategic Investment Solutions Inc. IL now owns 263 shares of the company’s stock worth $35,000 after acquiring an additional 126 shares during the period. Finally, Kiker Wealth Management LLC bought a new position in Vanguard High Dividend Yield ETF during the 2nd quarter worth $35,000.

Vanguard High Dividend Yield ETF Stock Performance

NYSEARCA:VYM opened at $144.25 on Tuesday. The company has a market cap of $67.44 billion, a price-to-earnings ratio of 17.79 and a beta of 0.79. Vanguard High Dividend Yield ETF has a fifty-two week low of $112.05 and a fifty-two week high of $147.88. The stock has a fifty day moving average price of $142.30 and a 200-day moving average price of $138.57.

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.