Steelhead Wealth Management LLC Takes $4.97 Million Position in Vanguard International High Dividend Yield ETF $VYMI

Steelhead Wealth Management LLC acquired a new position in shares of Vanguard International High Dividend Yield ETF (NASDAQ:VYMI) in the first quarter, HoldingsChannel reports. The firm acquired 52,756 shares of the company’s stock, valued at approximately $4,971,000. Vanguard International High Dividend Yield ETF accounts for approximately 2.5% of Steelhead Wealth Management LLC’s holdings, making the stock its 10th biggest position.

Several other institutional investors have also recently added to or reduced their stakes in VYMI. Bank of America Corp DE boosted its stake in shares of Vanguard International High Dividend Yield ETF by 10.7% during the 1st quarter. Bank of America Corp DE now owns 6,173,258 shares of the company’s stock worth $581,768,000 after purchasing an additional 596,348 shares during the last quarter. Morgan Stanley raised its position in shares of Vanguard International High Dividend Yield ETF by 3.0% in the fourth quarter. Morgan Stanley now owns 5,616,721 shares of the company’s stock valued at $505,505,000 after buying an additional 165,264 shares during the last quarter. Captrust Financial Advisors raised its position in shares of Vanguard International High Dividend Yield ETF by 4.9% in the fourth quarter. Captrust Financial Advisors now owns 2,563,633 shares of the company’s stock valued at $230,727,000 after buying an additional 119,392 shares during the last quarter. LPL Financial LLC lifted its stake in shares of Vanguard International High Dividend Yield ETF by 11.6% during the fourth quarter. LPL Financial LLC now owns 2,227,661 shares of the company’s stock valued at $200,490,000 after buying an additional 231,082 shares during the period. Finally, Wells Fargo & Company MN lifted its stake in shares of Vanguard International High Dividend Yield ETF by 5.8% during the fourth quarter. Wells Fargo & Company MN now owns 2,192,049 shares of the company’s stock valued at $197,284,000 after buying an additional 119,705 shares during the period.

Vanguard International High Dividend Yield ETF Stock Performance

Shares of NASDAQ VYMI opened at $103.56 on Monday. The firm has a market cap of $20.60 billion, a P/E ratio of 12.06 and a beta of 0.61. Vanguard International High Dividend Yield ETF has a 1 year low of $79.55 and a 1 year high of $104.09. The firm’s 50 day moving average price is $100.09 and its 200 day moving average price is $97.99.

Vanguard International High Dividend Yield ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 23rd. Stockholders of record on Thursday, June 18th were issued a dividend of $1.2569 per share. This represents a $5.03 annualized dividend and a dividend yield of 4.9%. This is a positive change from Vanguard International High Dividend Yield ETF’s previous quarterly dividend of $0.71. The ex-dividend date was Thursday, June 18th.

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.