Merit Financial Group LLC Sells 736 Shares of Vanguard Total International Stock ETF (NASDAQ:VXUS)

Merit Financial Group LLC lessened its stake in Vanguard Total International Stock ETF (NASDAQ:VXUS) by 0.9% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 83,131 shares of the company’s stock after selling 736 shares during the quarter. Merit Financial Group LLC’s holdings in Vanguard Total International Stock ETF were worth $4,818,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. Exchange Traded Concepts LLC purchased a new position in shares of Vanguard Total International Stock ETF in the third quarter worth about $109,000. Kingswood Wealth Advisors LLC purchased a new stake in shares of Vanguard Total International Stock ETF during the third quarter worth $218,000. Raymond James & Associates boosted its holdings in shares of Vanguard Total International Stock ETF by 10.1% in the third quarter. Raymond James & Associates now owns 1,225,129 shares of the company’s stock worth $65,569,000 after acquiring an additional 112,583 shares during the period. J.W. Cole Advisors Inc. grew its position in shares of Vanguard Total International Stock ETF by 2.5% in the third quarter. J.W. Cole Advisors Inc. now owns 17,684 shares of the company’s stock valued at $946,000 after purchasing an additional 436 shares in the last quarter. Finally, Bank of New York Mellon Corp raised its stake in shares of Vanguard Total International Stock ETF by 26.2% during the 3rd quarter. Bank of New York Mellon Corp now owns 51,909 shares of the company’s stock valued at $2,778,000 after purchasing an additional 10,787 shares during the period.

Vanguard Total International Stock ETF Stock Up 0.9 %

VXUS traded up $0.53 during trading on Friday, reaching $60.39. 3,988,199 shares of the company were exchanged, compared to its average volume of 3,225,381. Vanguard Total International Stock ETF has a 12-month low of $50.95 and a 12-month high of $60.70. The company’s 50-day moving average is $59.49 and its two-hundred day moving average is $57.19. The company has a market cap of $69.11 billion, a price-to-earnings ratio of 12.88 and a beta of 0.85.

Vanguard Total International Stock ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, March 20th. Stockholders of record on Monday, March 18th were given a $0.223 dividend. The ex-dividend date was Friday, March 15th. This represents a $0.89 dividend on an annualized basis and a dividend yield of 1.48%.

Vanguard Total International Stock ETF Profile

The Vanguard Total International Stock ETF (VXUS) is an exchange-traded fund that is based on the FTSE Global All Cap ex US index, a market-cap-weighted index of global stocks covering 99% of the world’s global market capitalization outside the US. VXUS was launched on Jan 26, 2011 and is managed by Vanguard.