Marino Stram & Associates LLC Grows Stock Holdings in Vanguard High Dividend Yield ETF $VYM

Marino Stram & Associates LLC increased its holdings in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 1.8% during the first quarter, according to its most recent disclosure with the SEC. The institutional investor owned 559,760 shares of the company’s stock after buying an additional 9,955 shares during the period. Vanguard High Dividend Yield ETF accounts for approximately 14.9% of Marino Stram & Associates LLC’s portfolio, making the stock its largest holding. Marino Stram & Associates LLC’s holdings in Vanguard High Dividend Yield ETF were worth $82,900,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in VYM. Auto Owners Insurance Co raised its holdings in shares of Vanguard High Dividend Yield ETF by 20,425.2% in the 4th quarter. Auto Owners Insurance Co now owns 148,643,664 shares of the company’s stock valued at $21,333,339,000 after acquiring an additional 147,919,464 shares in the last quarter. Morgan Stanley raised its stake in Vanguard High Dividend Yield ETF by 1.6% in the fourth quarter. Morgan Stanley now owns 10,202,996 shares of the company’s stock valued at $1,464,334,000 after purchasing an additional 161,311 shares in the last quarter. Raymond James Financial Inc. raised its stake in Vanguard High Dividend Yield ETF by 3.7% in the fourth quarter. Raymond James Financial Inc. now owns 7,720,006 shares of the company’s stock valued at $1,107,975,000 after purchasing an additional 274,754 shares in the last quarter. LPL Financial LLC lifted its position in Vanguard High Dividend Yield ETF by 5.3% during the fourth quarter. LPL Financial LLC now owns 6,820,119 shares of the company’s stock valued at $978,823,000 after purchasing an additional 345,129 shares during the last quarter. Finally, Wells Fargo & Company MN lifted its position in Vanguard High Dividend Yield ETF by 3.9% during the fourth quarter. Wells Fargo & Company MN now owns 5,506,257 shares of the company’s stock valued at $790,258,000 after purchasing an additional 204,501 shares during the last quarter.

Vanguard High Dividend Yield ETF Price Performance

Shares of NYSEARCA:VYM opened at $160.64 on Wednesday. The company’s fifty day moving average price is $157.98 and its 200-day moving average price is $152.85. The firm has a market capitalization of $79.52 billion, a price-to-earnings ratio of 17.79 and a beta of 0.73. Vanguard High Dividend Yield ETF has a one year low of $132.01 and a one year high of $161.46.

Vanguard High Dividend Yield ETF Profile

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.