Vanguard High Dividend Yield ETF $VYM Shares Purchased by Pinnacle Financial Group LLC IL

Pinnacle Financial Group LLC IL raised its stake in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 4.7% during the third quarter, according to its most recent disclosure with the SEC. The fund owned 104,136 shares of the company’s stock after buying an additional 4,654 shares during the quarter. Vanguard High Dividend Yield ETF makes up about 3.9% of Pinnacle Financial Group LLC IL’s investment portfolio, making the stock its 7th largest holding. Pinnacle Financial Group LLC IL’s holdings in Vanguard High Dividend Yield ETF were worth $16,162,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Bank of America Corp DE increased its position in Vanguard High Dividend Yield ETF by 1.8% in the 1st quarter. Bank of America Corp DE now owns 12,758,401 shares of the company’s stock valued at $1,889,519,000 after acquiring an additional 229,521 shares during the period. DMKC Advisory Services LLC raised its stake in shares of Vanguard High Dividend Yield ETF by 13,961.2% during the second quarter. DMKC Advisory Services LLC now owns 229,901 shares of the company’s stock valued at $36,331,000 after purchasing an additional 228,266 shares in the last quarter. Fifth Third Bancorp lifted its holdings in Vanguard High Dividend Yield ETF by 1,198.6% in the first quarter. Fifth Third Bancorp now owns 236,843 shares of the company’s stock worth $35,076,000 after purchasing an additional 218,605 shares during the period. Kestra Advisory Services LLC lifted its holdings in Vanguard High Dividend Yield ETF by 15.1% in the first quarter. Kestra Advisory Services LLC now owns 1,260,883 shares of the company’s stock worth $186,737,000 after purchasing an additional 165,083 shares during the period. Finally, Envestnet Asset Management Inc. grew its position in Vanguard High Dividend Yield ETF by 4.7% in the 2nd quarter. Envestnet Asset Management Inc. now owns 3,613,813 shares of the company’s stock valued at $571,091,000 after buying an additional 162,084 shares in the last quarter.

Vanguard High Dividend Yield ETF Stock Performance

Vanguard High Dividend Yield ETF stock opened at $163.74 on Monday. The stock has a market cap of $83.34 billion, a price-to-earnings ratio of 17.79 and a beta of 0.73. The company’s 50-day moving average price is $160.89 and its two-hundred day moving average price is $157.13. Vanguard High Dividend Yield ETF has a 52 week low of $138.35 and a 52 week high of $167.61.

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.