Pinnacle Wealth Management Advisory Group LLC Buys 5,338 Shares of Vanguard High Dividend Yield ETF $VYM

Pinnacle Wealth Management Advisory Group LLC lifted its position in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 1.7% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 312,243 shares of the company’s stock after acquiring an additional 5,338 shares during the quarter. Vanguard High Dividend Yield ETF makes up approximately 2.9% of Pinnacle Wealth Management Advisory Group LLC’s portfolio, making the stock its 6th biggest position. Pinnacle Wealth Management Advisory Group LLC’s holdings in Vanguard High Dividend Yield ETF were worth $49,344,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. PayPay Securities Corp increased its stake in shares of Vanguard High Dividend Yield ETF by 75.8% in the first quarter. PayPay Securities Corp now owns 174 shares of the company’s stock valued at $27,000 after buying an additional 75 shares during the period. Lloyd Advisory Services LLC. bought a new position in shares of Vanguard High Dividend Yield ETF during the fourth quarter valued at $25,000. Highland Investment Advisors LLC acquired a new position in shares of Vanguard High Dividend Yield ETF during the second quarter worth $32,000. LRI Investments LLC grew its stake in shares of Vanguard High Dividend Yield ETF by 400.0% in the fourth quarter. LRI Investments LLC now owns 250 shares of the company’s stock worth $36,000 after purchasing an additional 200 shares during the last quarter. Finally, Resources Management Corp CT ADV acquired a new stake in Vanguard High Dividend Yield ETF in the fourth quarter valued at $40,000.

Vanguard High Dividend Yield ETF Price Performance

Shares of VYM opened at $163.52 on Wednesday. The business has a 50-day moving average of $163.05 and a 200-day moving average of $157.48. The company has a market capitalization of $81.72 billion, a price-to-earnings ratio of 17.79 and a beta of 0.73. Vanguard High Dividend Yield ETF has a 1 year low of $137.42 and a 1 year high of $167.61.

About Vanguard High Dividend Yield ETF

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.