Financial Perspectives Inc Purchases 23,466 Shares of Vanguard International High Dividend Yield ETF (NASDAQ:VYMI)

Financial Perspectives Inc raised its position in shares of Vanguard International High Dividend Yield ETF (NASDAQ:VYMI) by 30.6% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 100,242 shares of the company’s stock after purchasing an additional 23,466 shares during the quarter. Vanguard International High Dividend Yield ETF accounts for about 2.7% of Financial Perspectives Inc’s investment portfolio, making the stock its 11th biggest holding. Financial Perspectives Inc’s holdings in Vanguard International High Dividend Yield ETF were worth $6,665,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Financial Gravity Asset Management Inc. boosted its holdings in shares of Vanguard International High Dividend Yield ETF by 1,800.0% during the 3rd quarter. Financial Gravity Asset Management Inc. now owns 855 shares of the company’s stock valued at $53,000 after acquiring an additional 810 shares during the last quarter. Investors Research Corp purchased a new stake in shares of Vanguard International High Dividend Yield ETF during the 3rd quarter valued at about $58,000. Baystate Wealth Management LLC purchased a new stake in shares of Vanguard International High Dividend Yield ETF during the 4th quarter valued at about $67,000. Fortis Group Advisors LLC purchased a new stake in shares of Vanguard International High Dividend Yield ETF during the 3rd quarter valued at about $83,000. Finally, Aptus Capital Advisors LLC purchased a new stake in shares of Vanguard International High Dividend Yield ETF during the 3rd quarter valued at about $90,000.

Vanguard International High Dividend Yield ETF Stock Up 0.8 %

Shares of NASDAQ VYMI traded up $0.53 during trading on Tuesday, reaching $68.04. 245,549 shares of the company traded hands, compared to its average volume of 419,153. The firm has a 50 day simple moving average of $67.72 and a 200-day simple moving average of $65.28. The stock has a market capitalization of $7.30 billion, a PE ratio of 9.49 and a beta of 0.81. Vanguard International High Dividend Yield ETF has a 52-week low of $59.20 and a 52-week high of $69.50.

Vanguard International High Dividend Yield ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, March 20th. Investors of record on Monday, March 18th were issued a $0.616 dividend. This represents a $2.46 dividend on an annualized basis and a dividend yield of 3.62%. The ex-dividend date of this dividend was Friday, March 15th.

About Vanguard International High Dividend Yield ETF

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.