Northwestern Mutual Wealth Management Co. Purchases 13,199 Shares of Vanguard International High Dividend Yield ETF $VYMI

Northwestern Mutual Wealth Management Co. increased its position in Vanguard International High Dividend Yield ETF (NASDAQ:VYMI) by 9.0% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 159,180 shares of the company’s stock after purchasing an additional 13,199 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in Vanguard International High Dividend Yield ETF were worth $14,326,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of the company. Brighton Jones LLC purchased a new stake in Vanguard International High Dividend Yield ETF during the fourth quarter valued at $237,000. Russell Investments Group Ltd. bought a new stake in shares of Vanguard International High Dividend Yield ETF in the 2nd quarter worth about $96,000. Brown Advisory Inc. purchased a new stake in shares of Vanguard International High Dividend Yield ETF during the 2nd quarter valued at about $374,000. Cerity Partners LLC grew its position in Vanguard International High Dividend Yield ETF by 1.1% in the second quarter. Cerity Partners LLC now owns 35,988 shares of the company’s stock worth $2,883,000 after acquiring an additional 376 shares in the last quarter. Finally, Squarepoint Ops LLC bought a new stake in Vanguard International High Dividend Yield ETF during the second quarter worth approximately $1,071,000.

Vanguard International High Dividend Yield ETF Price Performance

NASDAQ:VYMI opened at $99.67 on Tuesday. The firm has a market capitalization of $19.05 billion, a price-to-earnings ratio of 12.06 and a beta of 0.61. The business has a 50 day simple moving average of $97.61 and a 200-day simple moving average of $94.51. Vanguard International High Dividend Yield ETF has a 1 year low of $77.46 and a 1 year high of $101.71.

Vanguard International High Dividend Yield ETF Cuts Dividend

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

Vanguard International High Dividend Yield ETF Company 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.