Summit Financial Wealth Advisors LLC Grows Stock Holdings in Vanguard International High Dividend Yield ETF $VYMI

Summit Financial Wealth Advisors LLC grew its position in Vanguard International High Dividend Yield ETF (NASDAQ:VYMI) by 6.6% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 637,700 shares of the company’s stock after buying an additional 39,729 shares during the quarter. Vanguard International High Dividend Yield ETF accounts for about 8.5% of Summit Financial Wealth Advisors LLC’s portfolio, making the stock its largest holding. Summit Financial Wealth Advisors LLC owned about 0.33% of Vanguard International High Dividend Yield ETF worth $60,097,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Align Financial LLC acquired a new stake in shares of Vanguard International High Dividend Yield ETF during the 4th quarter worth approximately $102,920,000. Jane Street Group LLC raised its position in Vanguard International High Dividend Yield ETF by 175.0% during the fourth quarter. Jane Street Group LLC now owns 1,100,000 shares of the company’s stock valued at $99,000,000 after purchasing an additional 700,000 shares in the last quarter. Hamilton Wealth LLC raised its position in Vanguard International High Dividend Yield ETF by 201.9% during the first quarter. Hamilton Wealth LLC now owns 966,063 shares of the company’s stock valued at $91,042,000 after purchasing an additional 646,107 shares in the last quarter. Bank of America Corp DE lifted its stake in Vanguard International High Dividend Yield ETF by 10.7% during the first 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. Finally, Captrust Financial Advisors lifted its stake in Vanguard International High Dividend Yield ETF by 22.6% during the second quarter. Captrust Financial Advisors now owns 2,277,509 shares of the company’s stock worth $182,451,000 after purchasing an additional 420,173 shares during the last quarter.

Vanguard International High Dividend Yield ETF Stock Performance

Shares of VYMI stock opened at $103.56 on Friday. The stock’s fifty day moving average price is $100.09 and its two-hundred day moving average price is $97.95. The company has a market cap of $20.60 billion, a PE ratio of 12.06 and a beta of 0.61. Vanguard International High Dividend Yield ETF has a fifty-two week low of $79.55 and a fifty-two week high of $104.09.

Vanguard International High Dividend Yield ETF Increases Dividend

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

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.