Wedmont Private Capital Raises Stock Position in Vanguard International High Dividend Yield ETF $VYMI

Wedmont Private Capital raised its stake in shares of Vanguard International High Dividend Yield ETF (NASDAQ:VYMI) by 4.5% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 138,264 shares of the company’s stock after buying an additional 5,891 shares during the quarter. Wedmont Private Capital’s holdings in Vanguard International High Dividend Yield ETF were worth $12,535,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of VYMI. Bank of America Corp DE boosted its stake in shares of Vanguard International High Dividend Yield ETF by 11.9% in the 3rd quarter. Bank of America Corp DE now owns 5,069,126 shares of the company’s stock worth $429,254,000 after buying an additional 537,112 shares during the last quarter. Captrust Financial Advisors increased its position in Vanguard International High Dividend Yield ETF by 7.3% during the third quarter. Captrust Financial Advisors now owns 2,444,241 shares of the company’s stock valued at $206,978,000 after acquiring an additional 166,732 shares during the last quarter. The Manufacturers Life Insurance Company increased its position in Vanguard International High Dividend Yield ETF by 1.6% during the second quarter. The Manufacturers Life Insurance Company now owns 1,769,022 shares of the company’s stock valued at $141,716,000 after acquiring an additional 28,009 shares during the last quarter. Ameriprise Financial Inc. lifted its holdings in Vanguard International High Dividend Yield ETF by 20.4% in the second quarter. Ameriprise Financial Inc. now owns 1,629,960 shares of the company’s stock valued at $130,575,000 after acquiring an additional 275,875 shares during the period. Finally, Jones Financial Companies Lllp lifted its holdings in Vanguard International High Dividend Yield ETF by 20.0% in the third quarter. Jones Financial Companies Lllp now owns 1,454,093 shares of the company’s stock valued at $122,444,000 after acquiring an additional 242,746 shares during the period.

Vanguard International High Dividend Yield ETF Stock Performance

Shares of NASDAQ:VYMI opened at $90.61 on Friday. The stock’s 50-day simple moving average is $96.26 and its two-hundred day simple moving average is $90.07. The stock has a market capitalization of $15.02 billion, a price-to-earnings ratio of 12.06 and a beta of 0.69. Vanguard International High Dividend Yield ETF has a 52-week low of $65.08 and a 52-week high of $101.71.

Vanguard International High Dividend Yield ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, March 24th. Stockholders of record on Friday, March 20th will be paid a dividend of $0.708 per share. This represents a $2.83 annualized dividend and a dividend yield of 3.1%. The ex-dividend date is Friday, March 20th.

About Vanguard International High Dividend Yield ETF

The Vanguard International High Dividend Yield ETF (VYMI) is an exchange-traded fund that mostly invests in high dividend yield equity. The fund tracks a market-cap-weighted index of developed and emerging market firms (ex-US) that are expected to pay above average dividends over the next 12 months. VYMI was launched on Feb 25, 2016 and is managed by Vanguard.