Gradient Capital Advisors LLC Invests $236,000 in Vanguard International High Dividend Yield ETF (NASDAQ:VYMI)

Gradient Capital Advisors LLC bought a new stake in Vanguard International High Dividend Yield ETF (NASDAQ:VYMI) in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 3,206 shares of the company’s stock, valued at approximately $236,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Wells Fargo & Company MN increased its stake in shares of Vanguard International High Dividend Yield ETF by 3.9% in the 4th quarter. Wells Fargo & Company MN now owns 1,826,293 shares of the company’s stock valued at $123,969,000 after purchasing an additional 67,749 shares during the last quarter. Captrust Financial Advisors grew its position in shares of Vanguard International High Dividend Yield ETF by 3.3% in the 4th quarter. Captrust Financial Advisors now owns 1,801,458 shares of the company’s stock valued at $122,283,000 after buying an additional 57,093 shares during the last quarter. Envestnet Asset Management Inc. lifted its stake in shares of Vanguard International High Dividend Yield ETF by 2.3% in the 1st quarter. Envestnet Asset Management Inc. now owns 1,745,964 shares of the company’s stock valued at $128,660,000 after purchasing an additional 39,917 shares during the period. LPL Financial LLC lifted its stake in shares of Vanguard International High Dividend Yield ETF by 11.9% in the 4th quarter. LPL Financial LLC now owns 1,362,664 shares of the company’s stock valued at $92,498,000 after purchasing an additional 144,438 shares during the period. Finally, The Manufacturers Life Insurance Company lifted its stake in shares of Vanguard International High Dividend Yield ETF by 11.9% in the 4th quarter. The Manufacturers Life Insurance Company now owns 1,332,192 shares of the company’s stock valued at $90,429,000 after purchasing an additional 141,146 shares during the period.

Vanguard International High Dividend Yield ETF Stock Performance

VYMI stock opened at $80.46 on Friday. The stock’s 50 day simple moving average is $79.52 and its 200 day simple moving average is $74.59. The company has a market cap of $10.99 billion, a P/E ratio of 12.06 and a beta of 0.81. Vanguard International High Dividend Yield ETF has a fifty-two week low of $65.08 and a fifty-two week high of $81.05.

Vanguard International High Dividend Yield ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 24th. Stockholders of record on Friday, June 20th were issued a $1.0762 dividend. The ex-dividend date of this dividend was Friday, June 20th. This represents a $4.30 annualized dividend and a dividend yield of 5.35%. This is an increase from Vanguard International High Dividend Yield ETF’s previous quarterly dividend of $0.60.

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.