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

Pinnacle Wealth Management Advisory Group LLC grew its holdings in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 1.2% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 304,969 shares of the company’s stock after buying an additional 3,545 shares during the period. Vanguard High Dividend Yield ETF accounts for approximately 3.0% of Pinnacle Wealth Management Advisory Group LLC’s holdings, making the stock its 4th biggest position. Pinnacle Wealth Management Advisory Group LLC owned 0.06% of Vanguard High Dividend Yield ETF worth $43,769,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of VYM. Dorato Capital Management bought a new position in Vanguard High Dividend Yield ETF in the 4th quarter worth about $30,000. Stonehage Fleming Financial Services Holdings Ltd bought a new position in Vanguard High Dividend Yield ETF in the 3rd quarter worth about $31,000. Grey Fox Wealth Advisors LLC bought a new position in Vanguard High Dividend Yield ETF in the 3rd quarter worth about $39,000. Hemington Wealth Management bought a new position in Vanguard High Dividend Yield ETF in the 3rd quarter worth about $42,000. Finally, Chilton Capital Management LLC boosted its stake in Vanguard High Dividend Yield ETF by 72.3% in the 3rd quarter. Chilton Capital Management LLC now owns 305 shares of the company’s stock worth $43,000 after purchasing an additional 128 shares in the last quarter.

Vanguard High Dividend Yield ETF Price Performance

Shares of Vanguard High Dividend Yield ETF stock opened at $156.51 on Monday. The stock has a market cap of $76.76 billion, a price-to-earnings ratio of 17.79 and a beta of 0.73. The firm’s 50-day moving average is $151.48 and its 200 day moving average is $147.67. Vanguard High Dividend Yield ETF has a 1 year low of $124.06 and a 1 year high of $157.48.

About Vanguard High Dividend Yield ETF

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.