Pinnacle Associates Ltd. Grows Stock Position in Vanguard International High Dividend Yield ETF (NASDAQ:VYMI)

Pinnacle Associates Ltd. lifted its stake in Vanguard International High Dividend Yield ETF (NASDAQ:VYMI) by 40.8% in the third quarter, Holdings Channel.com reports. The fund owned 19,407 shares of the company’s stock after purchasing an additional 5,626 shares during the period. Pinnacle Associates Ltd.’s holdings in Vanguard International High Dividend Yield ETF were worth $1,425,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also recently made changes to their positions in VYMI. International Assets Investment Management LLC boosted its holdings in shares of Vanguard International High Dividend Yield ETF by 7,680.0% in the third quarter. International Assets Investment Management LLC now owns 370,404 shares of the company’s stock worth $27,195,000 after acquiring an additional 365,643 shares during the period. OLD Mission Capital LLC boosted its holdings in shares of Vanguard International High Dividend Yield ETF by 137.8% in the first quarter. OLD Mission Capital LLC now owns 451,508 shares of the company’s stock worth $31,064,000 after acquiring an additional 261,660 shares during the period. Envestnet Asset Management Inc. boosted its holdings in shares of Vanguard International High Dividend Yield ETF by 15.0% in the second quarter. Envestnet Asset Management Inc. now owns 1,805,785 shares of the company’s stock worth $123,750,000 after acquiring an additional 235,522 shares during the period. Mercer Global Advisors Inc. ADV boosted its holdings in shares of Vanguard International High Dividend Yield ETF by 47.6% in the second quarter. Mercer Global Advisors Inc. ADV now owns 485,079 shares of the company’s stock worth $33,242,000 after acquiring an additional 156,481 shares during the period. Finally, Sanctuary Advisors LLC bought a new position in shares of Vanguard International High Dividend Yield ETF in the second quarter worth $10,461,000.

Vanguard International High Dividend Yield ETF Price Performance

Vanguard International High Dividend Yield ETF stock opened at $70.94 on Friday. Vanguard International High Dividend Yield ETF has a one year low of $60.95 and a one year high of $74.28. The business has a fifty day moving average price of $72.18 and a 200-day moving average price of $70.47. The firm has a market capitalization of $7.88 billion, a P/E ratio of 9.68 and a beta of 0.81.

Vanguard International High Dividend Yield ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 24th. Investors of record on Friday, September 20th were paid a dividend of $0.697 per share. This represents a $2.79 annualized dividend and a yield of 3.93%. The ex-dividend date of this dividend was Friday, September 20th.

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.