Pinnacle Wealth Management Advisory Group LLC Has $37.68 Million Holdings in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Pinnacle Wealth Management Advisory Group LLC lowered its position in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 0.2% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 292,163 shares of the company’s stock after selling 710 shares during the quarter. Vanguard High Dividend Yield ETF accounts for approximately 3.5% of Pinnacle Wealth Management Advisory Group LLC’s investment portfolio, making the stock its 3rd largest position. Pinnacle Wealth Management Advisory Group LLC owned approximately 0.06% of Vanguard High Dividend Yield ETF worth $37,677,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of the company. Brighton Jones LLC boosted its position in shares of 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 valued at $2,148,000 after purchasing an additional 3,177 shares during the period. Orion Portfolio Solutions LLC boosted its position in shares of Vanguard High Dividend Yield ETF by 27.9% in the 4th quarter. Orion Portfolio Solutions LLC now owns 36,318 shares of the company’s stock valued at $4,634,000 after purchasing an additional 7,929 shares during the period. RiverFront Investment Group LLC acquired a new position in shares of Vanguard High Dividend Yield ETF in the 4th quarter valued at $217,000. Allianz SE acquired a new position in shares of Vanguard High Dividend Yield ETF in the 4th quarter valued at $254,000. Finally, Joseph Group Capital Management boosted its position in shares of Vanguard High Dividend Yield ETF by 2.3% in the 4th quarter. Joseph Group Capital Management now owns 15,784 shares of the company’s stock valued at $2,014,000 after purchasing an additional 359 shares during the period.

Vanguard High Dividend Yield ETF Stock Up 0.4%

NYSEARCA:VYM opened at $136.60 on Monday. Vanguard High Dividend Yield ETF has a 1-year low of $112.05 and a 1-year high of $136.67. The firm has a market capitalization of $62.68 billion, a price-to-earnings ratio of 17.79 and a beta of 0.84. The stock has a fifty day simple moving average of $132.00 and a 200 day simple moving average of $129.50.

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.