Mechanics Bank Trust Department Increases Stock Position in Vanguard International High Dividend Yield ETF $VYMI

Mechanics Bank Trust Department lifted its position in Vanguard International High Dividend Yield ETF (NASDAQ:VYMI) by 38.1% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 96,267 shares of the company’s stock after purchasing an additional 26,553 shares during the quarter. Vanguard International High Dividend Yield ETF makes up 1.2% of Mechanics Bank Trust Department’s investment portfolio, making the stock its 23rd biggest holding. Mechanics Bank Trust Department’s holdings in Vanguard International High Dividend Yield ETF were worth $9,453,000 at the end of the most recent quarter.

Other institutional investors also recently added to or reduced their stakes in the company. Brighton Jones LLC acquired a new stake in Vanguard International High Dividend Yield ETF during the 4th quarter worth $237,000. Russell Investments Group Ltd. purchased a new position in shares of Vanguard International High Dividend Yield ETF in the 2nd quarter valued at approximately $96,000. Brown Advisory Inc. purchased a new position in shares of Vanguard International High Dividend Yield ETF in the 2nd quarter valued at approximately $374,000. Cerity Partners LLC increased its holdings in shares of Vanguard International High Dividend Yield ETF by 1.1% in the second quarter. Cerity Partners LLC now owns 35,988 shares of the company’s stock valued at $2,883,000 after purchasing an additional 376 shares during the period. Finally, Squarepoint Ops LLC acquired a new stake in shares of Vanguard International High Dividend Yield ETF during the second quarter worth $1,071,000.

Vanguard International High Dividend Yield ETF Price Performance

Shares of NASDAQ VYMI opened at $104.17 on Thursday. The stock has a fifty day moving average price of $100.32 and a 200 day moving average price of $98.24. Vanguard International High Dividend Yield ETF has a 1-year low of $81.61 and a 1-year high of $104.57. The company has a market cap of $20.72 billion, a PE ratio of 12.06 and a beta of 0.61.

Vanguard International High Dividend Yield ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 23rd. Shareholders of record on Thursday, June 18th were given a dividend of $1.2569 per share. This represents a $5.03 dividend on an annualized basis and a yield of 4.8%. The ex-dividend date was Thursday, June 18th. This is an increase from Vanguard International High Dividend Yield ETF’s previous quarterly dividend of $0.71.

Vanguard International High Dividend Yield ETF Profile

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.