2,993 Shares in Vanguard International High Dividend Yield ETF (NASDAQ:VYMI) Bought by BIP Wealth LLC

BIP Wealth LLC acquired a new stake in Vanguard International High Dividend Yield ETF (NASDAQ:VYMI) in the third quarter, Holdings Channel reports. The institutional investor acquired 2,993 shares of the company’s stock, valued at approximately $220,000.

Several other hedge funds have also recently added to or reduced their stakes in VYMI. Orgel Wealth Management LLC boosted its position in shares of Vanguard International High Dividend Yield ETF by 2.5% during the third quarter. Orgel Wealth Management LLC now owns 2,513,878 shares of the company’s stock worth $184,569,000 after purchasing an additional 60,870 shares in the last quarter. Envestnet Asset Management Inc. lifted its holdings in Vanguard International High Dividend Yield ETF by 15.0% during the second quarter. Envestnet Asset Management Inc. now owns 1,805,785 shares of the company’s stock worth $123,750,000 after acquiring an additional 235,522 shares in the last quarter. LPL Financial LLC grew its stake in Vanguard International High Dividend Yield ETF by 9.6% in the second quarter. LPL Financial LLC now owns 1,163,820 shares of the company’s stock valued at $79,757,000 after acquiring an additional 101,820 shares during the period. Confluence Wealth Services Inc. increased its holdings in shares of Vanguard International High Dividend Yield ETF by 10.8% in the third quarter. Confluence Wealth Services Inc. now owns 925,629 shares of the company’s stock worth $67,960,000 after acquiring an additional 90,464 shares in the last quarter. Finally, The Manufacturers Life Insurance Company raised its position in shares of Vanguard International High Dividend Yield ETF by 1.7% during the second quarter. The Manufacturers Life Insurance Company now owns 802,658 shares of the company’s stock worth $54,832,000 after purchasing an additional 13,596 shares during the period.

Vanguard International High Dividend Yield ETF Stock Performance

Shares of VYMI opened at $70.12 on Wednesday. The stock has a 50 day simple moving average of $71.88 and a 200 day simple moving average of $70.74. Vanguard International High Dividend Yield ETF has a 52-week low of $63.31 and a 52-week high of $74.28. The firm has a market capitalization of $7.79 billion, a PE ratio of 9.68 and a beta of 0.81.

Vanguard International High Dividend Yield ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, September 24th. Shareholders of record on Friday, September 20th were paid a $0.697 dividend. This represents a $2.79 dividend on an annualized basis and a yield of 3.98%. The ex-dividend date was Friday, September 20th.

Vanguard International High Dividend Yield ETF Company 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.