Vanguard High Dividend Yield ETF $VYM Stock: Pinnacle Financial Group LLC IL Increases Holdings

Pinnacle Financial Group LLC IL grew its stake in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 4.7% in the third quarter, Holdings Channel.com reports. The fund owned 104,136 shares of the company’s stock after buying an additional 4,654 shares during the quarter. Vanguard High Dividend Yield ETF comprises about 3.9% of Pinnacle Financial Group LLC IL’s holdings, making the stock its 7th biggest position. Pinnacle Financial Group LLC IL’s holdings in Vanguard High Dividend Yield ETF were worth $16,162,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Bank Julius Baer & Co. Ltd Zurich raised its holdings in shares of Vanguard High Dividend Yield ETF by 55.6% during the third quarter. Bank Julius Baer & Co. Ltd Zurich now owns 14,000 shares of the company’s stock valued at $2,173,000 after acquiring an additional 5,000 shares during the period. Hubbell Strickland Wealth Management LLC boosted its stake in Vanguard High Dividend Yield ETF by 2.5% in the 3rd quarter. Hubbell Strickland Wealth Management LLC now owns 4,648 shares of the company’s stock worth $721,000 after purchasing an additional 113 shares during the period. Bell Investment Advisors Inc boosted its stake in Vanguard High Dividend Yield ETF by 332.1% in the 3rd quarter. Bell Investment Advisors Inc now owns 1,184 shares of the company’s stock worth $184,000 after purchasing an additional 910 shares during the period. Mirae Asset Global Investments Co. Ltd. acquired a new position in Vanguard High Dividend Yield ETF in the 3rd quarter worth approximately $823,000. Finally, Stevens Capital Partners grew its position in Vanguard High Dividend Yield ETF by 22.5% during the 3rd quarter. Stevens Capital Partners now owns 16,630 shares of the company’s stock worth $2,581,000 after purchasing an additional 3,053 shares in the last quarter.

Vanguard High Dividend Yield ETF Stock Performance

NYSEARCA VYM opened at $163.74 on Monday. The firm’s 50 day moving average price is $160.89 and its two-hundred day moving average price is $157.13. Vanguard High Dividend Yield ETF has a twelve month low of $138.35 and a twelve month high of $167.61. The stock has a market cap of $83.34 billion, a price-to-earnings ratio of 17.79 and a beta of 0.73.

Vanguard High Dividend Yield ETF Company 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.