Pinnacle Wealth Management Q2 2026 Portfolio Activity: Significant Increases in ETF Holdings

As of June 30th, 2026, Pinnacle Wealth Management Group, Inc. has shown notable activity in its portfolio during the second quarter.
Vanguard ETF VO stands out with a massive increase of 58,066 shares (298.94% change), representing one of the largest share growths in this period.
Other significant purchases include BUFZ and PJUN, both added as new positions. Additionally, the investor boosted holdings in several Innovator ETFs including SFLR and QFLR, while also increasing exposure to EMLC.
On the exit side, there was a notable reduction in shares of IWM, which saw a 0.21% decrease in its portfolio allocation.
The investor also initiated new positions with several small cap ETFs: PJUN (Innovator ETFS TRUST), SKE (Skeena Res Ltd New), and ODV (Osisco Development Corp).
Furthermore, the investor sold holdings in CDE, SKE, and ODV during the quarter, despite adding new positions in some of these same stocks.
Overall portfolio changes were dominated by substantial additions to ETF holdings. The total portfolio value stood at $211,119,838 as of June 30th.

Purchase Highlights

• Massive increase in Vanguard ETF VO: Shares jumped by nearly 70,000 (298.94% change), making it one of the most significant additions.
• New position established with BUFZ (First TR ETF).
• PJUN: Added as a new position.
• SKE: New small-cap investment added.
• Significant increase in EMLC.
• Moderate increases observed in several Innovator ETFs: SFLR, QFLR, and PAPR.
• Also increased holdings in PMAY.

Sales and Reductions

• The investor sold shares of CDE (Coeur Mining Inc), reducing its allocation.
• Reduced holdings in IWM by 0.21%.
• Sold positions on ODV.

Portfolio Structure Changes

The portfolio saw a notable shift in structure during Q2 2026. The addition of new ETFs like BUFZ, PJUN, and several Innovator ETFS TRUST holdings increased the reliance on exchange-traded funds. This was balanced by some stock additions, including new positions in small-cap focused ETFs.

Interestingly, despite adding new positions to certain companies like SKE, there were also sales on the same stocks (like CDE and ODV). This suggests a dynamic approach to sector exposure, particularly in Basic Materials.

Overall Q2 2026 Activity Summary

Pinnacle Wealth Management demonstrated strong buying momentum during the second quarter of 2026. The portfolio saw substantial increases across multiple Vanguard and Innovator ETFs, with VO leading the gains in terms of share count increase.

The addition of new positions like BUFZ, PJUN, and small-cap focused ETFs indicates a continued interest in diversifying across different market segments. However, the significant reduction in shares of IWM suggests some rebalancing or strategic shift away from certain sectors.

The overall portfolio structure shifted towards ETFs during this period, reflecting a common strategy among institutional investors to gain diversified exposure through exchange-traded products. The total portfolio value remained substantial at $211 million as of June 30th.