Vanguard International Dividend Appreciation ETF (NASDAQ:VIGI) Sees Significant Increase in Short Interest

Vanguard International Dividend Appreciation ETF (NASDAQ:VIGI) was the target of a significant increase in short interest in March. As of March 13th, there was short interest totaling 244,864 shares, an increase of 25.7% from the February 26th total of 194,771 shares. Currently, 0.2% of the company’s stock are short sold. Based on an average daily volume of 645,332 shares, the days-to-cover ratio is presently 0.4 days.

Vanguard International Dividend Appreciation ETF Stock Up 2.0%

Shares of VIGI stock traded up $1.74 during mid-day trading on Tuesday, reaching $87.80. 293,039 shares of the company’s stock traded hands, compared to its average volume of 503,350. Vanguard International Dividend Appreciation ETF has a 12 month low of $74.27 and a 12 month high of $96.60. The company has a market cap of $8.69 billion, a P/E ratio of 21.41 and a beta of 0.75. The company’s 50-day moving average price is $92.26 and its 200-day moving average price is $91.25.

Vanguard International Dividend Appreciation ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 24th. Investors of record on Friday, March 20th were given a dividend of $0.5646 per share. This is an increase from Vanguard International Dividend Appreciation ETF’s previous quarterly dividend of $0.53. The ex-dividend date of this dividend was Friday, March 20th. This represents a $2.26 dividend on an annualized basis and a yield of 2.6%.

Institutional Investors Weigh In On Vanguard International Dividend Appreciation ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of VIGI. Morgan Stanley raised its holdings in Vanguard International Dividend Appreciation ETF by 3.0% in the 4th quarter. Morgan Stanley now owns 6,793,264 shares of the company’s stock worth $621,244,000 after acquiring an additional 200,374 shares during the last quarter. EP Wealth Advisors LLC purchased a new stake in Vanguard International Dividend Appreciation ETF during the 4th quarter valued at $597,457,000. Bank of America Corp DE increased its holdings in shares of Vanguard International Dividend Appreciation ETF by 2.3% in the 3rd quarter. Bank of America Corp DE now owns 3,834,792 shares of the company’s stock worth $343,482,000 after purchasing an additional 86,461 shares in the last quarter. Cliftonlarsonallen Wealth Advisors LLC increased its holdings in shares of Vanguard International Dividend Appreciation ETF by 5.4% in the 4th quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 2,035,841 shares of the company’s stock worth $186,178,000 after purchasing an additional 105,177 shares in the last quarter. Finally, Citigroup Inc. raised its stake in shares of Vanguard International Dividend Appreciation ETF by 3.8% in the third quarter. Citigroup Inc. now owns 1,456,796 shares of the company’s stock worth $130,485,000 after purchasing an additional 53,740 shares during the last quarter.

Vanguard International Dividend Appreciation ETF Company Profile

The Vanguard International Dividend Appreciation ETF (VIGI) is an exchange-traded fund that is based on the S&P Global Ex-U.S. Dividend Growers index, a market-cap-weighted index of developed and emerging market firms (ex-US) that have increased their annual dividends for seven consecutive years. VIGI was launched on Feb 25, 2016 and is managed by Vanguard.