Short Interest in Vanguard International Dividend Appreciation ETF (NASDAQ:VIGI) Rises By 197.7%

Vanguard International Dividend Appreciation ETF (NASDAQ:VIGI) was the target of a significant increase in short interest in August. As of August 14th, there was short interest totaling 301,944 shares, an increase of 197.7% from the July 30th total of 101,437 shares. Based on an average daily trading volume, of 271,999 shares, the days-to-cover ratio is presently 1.1 days. Currently, 0.3% of the shares of the company are sold short.

Vanguard International Dividend Appreciation ETF Stock Down 0.1%

Shares of VIGI opened at $98.57 on Friday. The stock’s 50-day moving average price is $96.32 and its 200 day moving average price is $93.72. The firm has a market capitalization of $9.20 billion, a price-to-earnings ratio of 21.41 and a beta of 0.70. Vanguard International Dividend Appreciation ETF has a 12-month low of $85.23 and a 12-month high of $99.88.

Vanguard International Dividend Appreciation ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 23rd. Investors of record on Thursday, June 18th were given a $0.5337 dividend. This represents a $2.13 annualized dividend and a yield of 2.2%. The ex-dividend date of this dividend was Thursday, June 18th.

Institutional Investors Weigh In On Vanguard International Dividend Appreciation ETF

Institutional investors have recently added to or reduced their stakes in the stock. Formidable Asset Management LLC raised its holdings in shares of Vanguard International Dividend Appreciation ETF by 0.9% in the 1st quarter. Formidable Asset Management LLC now owns 13,549 shares of the company’s stock worth $1,239,000 after buying an additional 116 shares in the last quarter. Andina Capital Management LLC boosted its stake in Vanguard International Dividend Appreciation ETF by 2.3% in the 4th quarter. Andina Capital Management LLC now owns 5,193 shares of the company’s stock valued at $475,000 after buying an additional 117 shares in the last quarter. Beacon Investment Advisory Services Inc. grew its position in Vanguard International Dividend Appreciation ETF by 3.6% in the second quarter. Beacon Investment Advisory Services Inc. now owns 3,440 shares of the company’s stock valued at $321,000 after acquiring an additional 118 shares during the period. Ironwood Investment Counsel LLC grew its position in Vanguard International Dividend Appreciation ETF by 1.1% in the fourth quarter. Ironwood Investment Counsel LLC now owns 12,358 shares of the company’s stock valued at $1,130,000 after acquiring an additional 130 shares during the period. Finally, Envestnet Portfolio Solutions Inc. raised its stake in Vanguard International Dividend Appreciation ETF by 2.3% during the fourth quarter. Envestnet Portfolio Solutions Inc. now owns 5,947 shares of the company’s stock worth $544,000 after acquiring an additional 132 shares in the last quarter.

About Vanguard International Dividend Appreciation ETF

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.