Zhang Financial LLC Grows Stake in Vanguard International High Dividend Yield ETF (NASDAQ:VYMI)

Zhang Financial LLC lifted its position in Vanguard International High Dividend Yield ETF (NASDAQ:VYMI) by 8.3% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 27,984 shares of the company’s stock after buying an additional 2,153 shares during the period. Zhang Financial LLC’s holdings in Vanguard International High Dividend Yield ETF were worth $1,861,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Morgan Stanley raised its holdings in Vanguard International High Dividend Yield ETF by 2.2% in the 3rd quarter. Morgan Stanley now owns 4,381,182 shares of the company’s stock worth $271,151,000 after purchasing an additional 95,433 shares during the period. Orgel Wealth Management LLC raised its holdings in Vanguard International High Dividend Yield ETF by 5.5% in the 4th quarter. Orgel Wealth Management LLC now owns 2,328,717 shares of the company’s stock worth $154,836,000 after purchasing an additional 120,629 shares during the period. Charles Schwab Investment Advisory Inc. raised its holdings in Vanguard International High Dividend Yield ETF by 3.3% in the 1st quarter. Charles Schwab Investment Advisory Inc. now owns 1,775,986 shares of the company’s stock worth $120,092,000 after purchasing an additional 56,104 shares during the period. Wells Fargo & Company MN raised its holdings in Vanguard International High Dividend Yield ETF by 1.9% in the 2nd quarter. Wells Fargo & Company MN now owns 1,657,930 shares of the company’s stock worth $104,781,000 after purchasing an additional 30,322 shares during the period. Finally, MCIA Inc raised its holdings in Vanguard International High Dividend Yield ETF by 3.8% in the 4th quarter. MCIA Inc now owns 1,179,448 shares of the company’s stock worth $78,587,000 after purchasing an additional 43,479 shares during the period.

Vanguard International High Dividend Yield ETF Stock Up 0.4 %

NASDAQ:VYMI traded up $0.28 on Friday, reaching $66.79. 165,934 shares of the company’s stock traded hands, compared to its average volume of 421,399. The stock has a 50-day simple moving average of $67.65 and a 200-day simple moving average of $65.12. The firm has a market cap of $7.16 billion, a PE ratio of 9.49 and a beta of 0.81. Vanguard International High Dividend Yield ETF has a 12 month low of $59.20 and a 12 month high of $69.50.

Vanguard International High Dividend Yield ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, March 20th. Shareholders of record on Monday, March 18th were issued a dividend of $0.616 per share. The ex-dividend date was Friday, March 15th. This represents a $2.46 dividend on an annualized basis and a yield of 3.69%.

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.