Short Interest in Vanguard International Dividend Appreciation ETF (NASDAQ:VIGI) Drops By 27.3%

Vanguard International Dividend Appreciation ETF (NASDAQ:VIGI) was the target of a large drop in short interest in August. As of August 31st, there was short interest totalling 212,300 shares, a drop of 27.3% from the August 15th total of 292,100 shares. Based on an average trading volume of 187,800 shares, the short-interest ratio is currently 1.1 days.

Vanguard International Dividend Appreciation ETF Stock Down 0.1 %

Vanguard International Dividend Appreciation ETF stock opened at $87.03 on Friday. The stock has a market cap of $7.18 billion, a PE ratio of 20.53 and a beta of 0.77. Vanguard International Dividend Appreciation ETF has a 12-month low of $68.45 and a 12-month high of $88.31. The business’s 50-day moving average price is $84.58 and its two-hundred day moving average price is $82.06.

Vanguard International Dividend Appreciation ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 25th. Stockholders of record on Friday, June 21st were paid a $0.536 dividend. This is a boost from Vanguard International Dividend Appreciation ETF’s previous quarterly dividend of $0.43. The ex-dividend date was Friday, June 21st. This represents a $2.14 annualized dividend and a dividend yield of 2.46%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Institutional & Family Asset Management LLC boosted its position in shares of Vanguard International Dividend Appreciation ETF by 503.8% during the 2nd quarter. Institutional & Family Asset Management LLC now owns 320 shares of the company’s stock valued at $26,000 after purchasing an additional 267 shares in the last quarter. Raleigh Capital Management Inc. acquired a new stake in shares of Vanguard International Dividend Appreciation ETF during the 4th quarter worth approximately $27,000. Strategic Investment Solutions Inc. IL bought a new stake in shares of Vanguard International Dividend Appreciation ETF in the 2nd quarter valued at $28,000. Kimelman & Baird LLC acquired a new position in shares of Vanguard International Dividend Appreciation ETF during the 2nd quarter valued at $42,000. Finally, BOK Financial Private Wealth Inc. bought a new position in Vanguard International Dividend Appreciation ETF during the first quarter worth $57,000.

About Vanguard International Dividend Appreciation ETF

The Vanguard International Dividend Appreciation ETF (VIGI) is an exchange-traded fund that is based on the S&P Global Ex-U.S. Dividend Growers index, a market-cap-weighted index of developed and emerging market firms (ex-US) that have increased their annual dividends for seven consecutive years. VIGI was launched on Feb 25, 2016 and is managed by Vanguard.