M3 Wealth Management LLC Acquires New Holdings in Vanguard High Dividend Yield ETF $VYM

M3 Wealth Management LLC acquired a new stake in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor acquired 3,758 shares of the company’s stock, valued at approximately $539,000.

Several other institutional investors and hedge funds have also added to or reduced their stakes in VYM. Asempa Wealth Advisors bought a new position in shares of Vanguard High Dividend Yield ETF during the fourth quarter valued at $880,000. Commons Capital LLC raised its stake in shares of Vanguard High Dividend Yield ETF by 32.0% during the fourth quarter. Commons Capital LLC now owns 25,380 shares of the company’s stock valued at $3,642,000 after acquiring an additional 6,154 shares during the last quarter. Aspire Capital Advisors LLC raised its stake in shares of Vanguard High Dividend Yield ETF by 44.0% during the third quarter. Aspire Capital Advisors LLC now owns 39,556 shares of the company’s stock valued at $5,575,000 after acquiring an additional 12,080 shares during the last quarter. Accredited Wealth Management LLC raised its stake in shares of Vanguard High Dividend Yield ETF by 10,426.4% during the third quarter. Accredited Wealth Management LLC now owns 54,316 shares of the company’s stock valued at $73,000 after acquiring an additional 53,800 shares during the last quarter. Finally, Concurrent Investment Advisors LLC raised its stake in shares of Vanguard High Dividend Yield ETF by 9.2% during the fourth quarter. Concurrent Investment Advisors LLC now owns 180,798 shares of the company’s stock valued at $25,948,000 after acquiring an additional 15,173 shares during the last quarter.

Vanguard High Dividend Yield ETF Stock Performance

VYM stock opened at $158.68 on Wednesday. The company has a fifty day moving average price of $152.75 and a 200-day moving average price of $149.46. The company has a market capitalization of $77.83 billion, a P/E ratio of 17.79 and a beta of 0.73. Vanguard High Dividend Yield ETF has a 52-week low of $127.64 and a 52-week high of $159.68.

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.