Pinnacle Wealth Management Advisory Group LLC Boosts Stake in Vanguard High Dividend Yield ETF (NYSEARCA:VYM)

Pinnacle Wealth Management Advisory Group LLC increased its stake in Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 3.5% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 292,873 shares of the company’s stock after purchasing an additional 9,837 shares during the quarter. Vanguard High Dividend Yield ETF makes up approximately 3.5% of Pinnacle Wealth Management Advisory Group LLC’s portfolio, making the stock its 3rd biggest holding. Pinnacle Wealth Management Advisory Group LLC owned 0.06% of Vanguard High Dividend Yield ETF worth $37,368,000 at the end of the most recent reporting period.

A number of other hedge funds also recently modified their holdings of the stock. Alpha Financial Partners LLC purchased a new position in Vanguard High Dividend Yield ETF in the 3rd quarter valued at approximately $468,000. RFG Advisory LLC grew its stake in Vanguard High Dividend Yield ETF by 26.5% in the 3rd quarter. RFG Advisory LLC now owns 26,534 shares of the company’s stock valued at $3,402,000 after buying an additional 5,558 shares in the last quarter. Claro Advisors LLC grew its stake in Vanguard High Dividend Yield ETF by 11.5% in the 3rd quarter. Claro Advisors LLC now owns 1,919 shares of the company’s stock valued at $246,000 after buying an additional 198 shares in the last quarter. Stonegate Investment Group LLC grew its stake in Vanguard High Dividend Yield ETF by 10.8% in the 3rd quarter. Stonegate Investment Group LLC now owns 2,066 shares of the company’s stock valued at $265,000 after buying an additional 201 shares in the last quarter. Finally, Orgel Wealth Management LLC grew its stake in Vanguard High Dividend Yield ETF by 1.7% in the 3rd quarter. Orgel Wealth Management LLC now owns 15,367 shares of the company’s stock valued at $1,970,000 after buying an additional 252 shares in the last quarter.

Vanguard High Dividend Yield ETF Trading Down 0.1 %

Vanguard High Dividend Yield ETF stock opened at $133.77 on Friday. Vanguard High Dividend Yield ETF has a 1-year low of $113.00 and a 1-year high of $135.07. The firm has a market capitalization of $60.57 billion, a price-to-earnings ratio of 15.88 and a beta of 0.70. The firm has a 50 day simple moving average of $130.47 and a 200 day simple moving average of $128.71.

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.