Independent Advisor Alliance Invests $2.71 Million in Vanguard International High Dividend Yield ETF (NASDAQ:VYMI)

Independent Advisor Alliance purchased a new position in shares of Vanguard International High Dividend Yield ETF (NASDAQ:VYMI) in the fourth quarter, HoldingsChannel.com reports. The fund purchased 39,985 shares of the company’s stock, valued at approximately $2,714,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Captrust Financial Advisors lifted its stake in Vanguard International High Dividend Yield ETF by 34,002.9% in the 3rd quarter. Captrust Financial Advisors now owns 1,744,365 shares of the company’s stock valued at $128,071,000 after purchasing an additional 1,739,250 shares during the last quarter. Raymond James Financial Inc. bought a new position in Vanguard International High Dividend Yield ETF in the 4th quarter valued at approximately $50,654,000. The Manufacturers Life Insurance Company lifted its stake in Vanguard International High Dividend Yield ETF by 48.4% in the 3rd quarter. The Manufacturers Life Insurance Company now owns 1,191,046 shares of the company’s stock valued at $87,447,000 after purchasing an additional 388,388 shares during the last quarter. Proficio Capital Partners LLC lifted its stake in Vanguard International High Dividend Yield ETF by 6,688.0% in the 4th quarter. Proficio Capital Partners LLC now owns 339,400 shares of the company’s stock valued at $23,038,000 after purchasing an additional 334,400 shares during the last quarter. Finally, Janney Montgomery Scott LLC bought a new position in Vanguard International High Dividend Yield ETF in the 4th quarter valued at approximately $16,005,000.

Vanguard International High Dividend Yield ETF Price Performance

Shares of NASDAQ:VYMI opened at $73.90 on Thursday. The company has a market cap of $8.45 billion, a price-to-earnings ratio of 11.91 and a beta of 0.81. The firm has a 50 day simple moving average of $70.87 and a 200 day simple moving average of $71.00. Vanguard International High Dividend Yield ETF has a one year low of $65.43 and a one year high of $75.03.

Vanguard International High Dividend Yield ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, December 24th. Investors of record on Friday, December 20th were paid a $0.9647 dividend. This is an increase from Vanguard International High Dividend Yield ETF’s previous quarterly dividend of $0.70. The ex-dividend date was Friday, December 20th. This represents a $3.86 annualized dividend and a yield of 5.22%.

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.