PNC Financial Services Group Inc. Acquires 17,565 Shares of Vanguard High Dividend Yield ETF $VYM

PNC Financial Services Group Inc. increased its holdings in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 2.0% in the fourth quarter, Holdings Channel.com reports. The firm owned 909,000 shares of the company’s stock after purchasing an additional 17,565 shares during the quarter. PNC Financial Services Group Inc.’s holdings in Vanguard High Dividend Yield ETF were worth $130,460,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of the stock. Dorato Capital Management bought a new stake in shares of Vanguard High Dividend Yield ETF during the fourth quarter worth $30,000. Stonehage Fleming Financial Services Holdings Ltd acquired a new stake in shares of Vanguard High Dividend Yield ETF during the third quarter worth $31,000. LRI Investments LLC lifted its position in Vanguard High Dividend Yield ETF by 400.0% in the 4th quarter. LRI Investments LLC now owns 250 shares of the company’s stock valued at $36,000 after acquiring an additional 200 shares in the last quarter. Grey Fox Wealth Advisors LLC acquired a new position in Vanguard High Dividend Yield ETF in the 3rd quarter worth $39,000. 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 during the period.

Vanguard High Dividend Yield ETF Price Performance

VYM opened at $156.75 on Thursday. The business’s 50-day moving average price is $152.04 and its two-hundred day moving average price is $148.94. Vanguard High Dividend Yield ETF has a 1 year low of $126.00 and a 1 year high of $157.63. The company has a market capitalization of $76.88 billion, a price-to-earnings ratio of 17.79 and a beta of 0.73.

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.