Pinnacle Wealth Management Advisory Group LLC Acquires 4,665 Shares of 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 1.6% in the 3rd quarter, Holdings Channel.com reports. The firm owned 301,424 shares of the company’s stock after acquiring an additional 4,665 shares during the quarter. Vanguard High Dividend Yield ETF comprises approximately 3.2% of Pinnacle Wealth Management Advisory Group LLC’s investment portfolio, making the stock its 5th largest holding. Pinnacle Wealth Management Advisory Group LLC’s holdings in Vanguard High Dividend Yield ETF were worth $42,486,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Brighton Jones LLC boosted its holdings 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 buying an additional 3,177 shares in the last quarter. Russell Investments Group Ltd. raised its stake in Vanguard High Dividend Yield ETF by 19.6% during the 1st quarter. Russell Investments Group Ltd. now owns 1,018 shares of the company’s stock worth $131,000 after acquiring an additional 167 shares in the last quarter. EP Wealth Advisors LLC lifted its position in Vanguard High Dividend Yield ETF by 24.6% in the first quarter. EP Wealth Advisors LLC now owns 84,258 shares of the company’s stock valued at $10,866,000 after acquiring an additional 16,628 shares during the last quarter. Federation des caisses Desjardins du Quebec boosted its stake in Vanguard High Dividend Yield ETF by 21.9% in the first quarter. Federation des caisses Desjardins du Quebec now owns 18,500 shares of the company’s stock valued at $2,386,000 after acquiring an additional 3,322 shares in the last quarter. Finally, AlTi Global Inc. boosted its stake in Vanguard High Dividend Yield ETF by 1.1% in the first quarter. AlTi Global Inc. now owns 14,129 shares of the company’s stock valued at $1,822,000 after acquiring an additional 150 shares in the last quarter.

Vanguard High Dividend Yield ETF Stock Performance

VYM opened at $143.52 on Thursday. Vanguard High Dividend Yield ETF has a one year low of $112.05 and a one year high of $147.88. The stock has a market capitalization of $67.10 billion, a P/E ratio of 17.79 and a beta of 0.79. The business’s 50-day simple moving average is $142.87 and its 200-day simple moving average is $139.19.

Vanguard High Dividend Yield ETF 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.