HighTower Advisors LLC Boosts Stake in Vanguard International High Dividend Yield ETF $VYMI

HighTower Advisors LLC raised its holdings in shares of Vanguard International High Dividend Yield ETF (NASDAQ:VYMI) by 5.4% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 784,321 shares of the company’s stock after acquiring an additional 40,246 shares during the period. HighTower Advisors LLC’s holdings in Vanguard International High Dividend Yield ETF were worth $70,589,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in VYMI. Brighton Jones LLC bought a new position in shares of Vanguard International High Dividend Yield ETF in the 4th quarter worth $237,000. Russell Investments Group Ltd. bought a new position in shares of Vanguard International High Dividend Yield ETF in the 2nd quarter worth $96,000. Brown Advisory Inc. bought a new position in shares of Vanguard International High Dividend Yield ETF in the 2nd quarter worth $374,000. Cerity Partners LLC increased its holdings in shares of Vanguard International High Dividend Yield ETF by 1.1% in the 2nd quarter. Cerity Partners LLC now owns 35,988 shares of the company’s stock worth $2,883,000 after buying an additional 376 shares during the last quarter. Finally, Squarepoint Ops LLC bought a new position in shares of Vanguard International High Dividend Yield ETF in the 2nd quarter worth $1,071,000.

Vanguard International High Dividend Yield ETF Price Performance

Shares of NASDAQ:VYMI opened at $99.88 on Thursday. The company’s fifty day moving average price is $96.71 and its 200-day moving average price is $93.72. The firm has a market capitalization of $19.09 billion, a price-to-earnings ratio of 12.06 and a beta of 0.61. Vanguard International High Dividend Yield ETF has a one year low of $77.46 and a one year high of $101.71.

Vanguard International High Dividend Yield ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 24th. Investors of record on Friday, March 20th were issued a dividend of $0.708 per share. This represents a $2.83 dividend on an annualized basis and a dividend yield of 2.8%. The ex-dividend date of this dividend was Friday, March 20th.

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.