Precedent Wealth Partners LLC Has $4.49 Million Holdings in Vanguard International High Dividend Yield ETF $VYMI

Precedent Wealth Partners LLC grew its stake in shares of Vanguard International High Dividend Yield ETF (NASDAQ:VYMI) by 16.3% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 56,023 shares of the company’s stock after acquiring an additional 7,833 shares during the period. Vanguard International High Dividend Yield ETF accounts for 1.1% of Precedent Wealth Partners LLC’s holdings, making the stock its 22nd largest position. Precedent Wealth Partners LLC’s holdings in Vanguard International High Dividend Yield ETF were worth $4,488,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently bought and sold shares of the stock. TFB Advisors LLC lifted its position in Vanguard International High Dividend Yield ETF by 1.8% during the first quarter. TFB Advisors LLC now owns 7,459 shares of the company’s stock worth $550,000 after acquiring an additional 132 shares during the last quarter. Gradient Capital Advisors LLC lifted its position in Vanguard International High Dividend Yield ETF by 4.3% during the second quarter. Gradient Capital Advisors LLC now owns 3,345 shares of the company’s stock worth $268,000 after acquiring an additional 139 shares during the last quarter. Rockingstone Advisors LLC increased its holdings in shares of Vanguard International High Dividend Yield ETF by 0.8% during the first quarter. Rockingstone Advisors LLC now owns 18,765 shares of the company’s stock worth $1,383,000 after purchasing an additional 145 shares during the period. Gateway Wealth Partners LLC increased its holdings in shares of Vanguard International High Dividend Yield ETF by 2.9% during the first quarter. Gateway Wealth Partners LLC now owns 5,383 shares of the company’s stock worth $397,000 after purchasing an additional 154 shares during the period. Finally, Ascent Group LLC increased its holdings in shares of Vanguard International High Dividend Yield ETF by 0.9% during the second quarter. Ascent Group LLC now owns 17,096 shares of the company’s stock worth $1,370,000 after purchasing an additional 155 shares during the period.

Vanguard International High Dividend Yield ETF Trading Up 0.6%

Shares of VYMI opened at $85.39 on Friday. Vanguard International High Dividend Yield ETF has a 12 month low of $65.08 and a 12 month high of $86.08. The firm’s 50 day moving average is $83.79 and its 200-day moving average is $79.41. The stock has a market capitalization of $12.39 billion, a PE ratio of 12.06 and a beta of 0.81.

Vanguard International High Dividend Yield ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 23rd. Stockholders of record on Friday, September 19th were issued a dividend of $0.7001 per share. The ex-dividend date of this dividend was Friday, September 19th. This represents a $2.80 annualized dividend and a dividend yield of 3.3%.

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.