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

Pinnacle Wealth Management Advisory Group LLC boosted its holdings in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 1.2% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 304,969 shares of the company’s stock after buying an additional 3,545 shares during the quarter. 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’s holdings in Vanguard High Dividend Yield ETF were worth $43,769,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Dorato Capital Management purchased a new position in Vanguard High Dividend Yield ETF in the 4th quarter worth about $30,000. Stonehage Fleming Financial Services Holdings Ltd purchased a new position in Vanguard High Dividend Yield ETF in the 3rd quarter worth about $31,000. Grey Fox Wealth Advisors LLC purchased a new position in Vanguard High Dividend Yield ETF in the 3rd quarter worth about $39,000. Hemington Wealth Management purchased a new position in Vanguard High Dividend Yield ETF in the 3rd quarter worth about $42,000. Finally, Chilton Capital Management LLC raised its position 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 buying an additional 128 shares during the last quarter.

Vanguard High Dividend Yield ETF Stock Performance

Shares of NYSEARCA:VYM opened at $156.51 on Monday. Vanguard High Dividend Yield ETF has a fifty-two week low of $124.06 and a fifty-two week high of $157.48. The business has a 50-day simple moving average of $151.48 and a two-hundred day simple moving average of $147.67. The firm has a market cap of $76.76 billion, a price-to-earnings ratio of 17.79 and a beta of 0.73.

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.