Gradient Investments LLC Makes New Investment in Vanguard International High Dividend Yield ETF $VYMI

Gradient Investments LLC purchased a new position in shares of Vanguard International High Dividend Yield ETF (NASDAQ:VYMI) in the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 52,124 shares of the company’s stock, valued at approximately $5,119,000.

A number of other hedge funds have also made changes to their positions in VYMI. CGN Advisors LLC lifted its holdings in Vanguard International High Dividend Yield ETF by 0.5% in the 2nd quarter. CGN Advisors LLC now owns 19,160 shares of the company’s stock worth $1,882,000 after purchasing an additional 104 shares during the last quarter. Quartz Partners LLC grew its holdings in Vanguard International High Dividend Yield ETF by 2.9% during the fourth quarter. Quartz Partners LLC now owns 3,702 shares of the company’s stock valued at $333,000 after purchasing an additional 105 shares during the last quarter. FAS Wealth Partners Inc. grew its holdings in Vanguard International High Dividend Yield ETF by 0.9% during the fourth quarter. FAS Wealth Partners Inc. now owns 11,229 shares of the company’s stock valued at $1,011,000 after purchasing an additional 105 shares during the last quarter. Apella Capital LLC raised its position in shares of Vanguard International High Dividend Yield ETF by 0.7% in the first quarter. Apella Capital LLC now owns 16,429 shares of the company’s stock valued at $1,644,000 after purchasing an additional 109 shares during the period. Finally, Meridian Financial Advisors LLC raised its position in shares of Vanguard International High Dividend Yield ETF by 1.2% in the fourth quarter. Meridian Financial Advisors LLC now owns 9,746 shares of the company’s stock valued at $877,000 after purchasing an additional 118 shares during the period.

Vanguard International High Dividend Yield ETF Trading Up 0.6%

Shares of Vanguard International High Dividend Yield ETF stock opened at $105.05 on Friday. The firm has a fifty day simple moving average of $100.50 and a 200-day simple moving average of $98.37. The stock has a market capitalization of $20.90 billion, a price-to-earnings ratio of 12.06 and a beta of 0.61. Vanguard International High Dividend Yield ETF has a 1-year low of $82.40 and a 1-year high of $105.30.

Vanguard International High Dividend Yield ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, June 23rd. Investors of record on Thursday, June 18th were issued a $1.2569 dividend. This is a boost from Vanguard International High Dividend Yield ETF’s previous quarterly dividend of $0.71. The ex-dividend date was Thursday, June 18th. This represents a $5.03 annualized dividend and a yield of 4.8%.

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.