Pinnacle Wealth Management Advisory Group LLC Grows Holdings in Vanguard High Dividend Yield ETF $VYM

Pinnacle Wealth Management Advisory Group LLC increased its holdings in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 1.7% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 312,243 shares of the company’s stock after purchasing an additional 5,338 shares during the period. Vanguard High Dividend Yield ETF makes up 2.9% of Pinnacle Wealth Management Advisory Group LLC’s portfolio, making the stock its 6th biggest position. Pinnacle Wealth Management Advisory Group LLC owned approximately 0.06% of Vanguard High Dividend Yield ETF worth $49,344,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Financially in Tune LLC bought a new stake in shares of Vanguard High Dividend Yield ETF in the fourth quarter valued at about $8,049,000. State Farm Mutual Automobile Insurance Co. grew its position in shares of Vanguard High Dividend Yield ETF by 29.4% during the 4th quarter. State Farm Mutual Automobile Insurance Co. now owns 218,597 shares of the company’s stock worth $31,373,000 after purchasing an additional 49,694 shares in the last quarter. Arsenal Capital Advisors LLC bought a new position in shares of Vanguard High Dividend Yield ETF during the fourth quarter worth approximately $2,607,000. Keudell Morrison Wealth Management acquired a new stake in shares of Vanguard High Dividend Yield ETF in the fourth quarter valued at approximately $10,694,000. Finally, Global Retirement Partners LLC boosted its stake in shares of Vanguard High Dividend Yield ETF by 39.4% in the fourth quarter. Global Retirement Partners LLC now owns 83,348 shares of the company’s stock valued at $11,962,000 after buying an additional 23,553 shares during the period.

Vanguard High Dividend Yield ETF Price Performance

Shares of NYSEARCA VYM opened at $163.52 on Wednesday. The stock has a market capitalization of $81.72 billion, a PE ratio of 17.79 and a beta of 0.73. Vanguard High Dividend Yield ETF has a fifty-two week low of $137.42 and a fifty-two week high of $167.61. The business has a fifty day moving average price of $163.05 and a two-hundred day moving average price of $157.48.

Vanguard High Dividend Yield ETF Company 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.