Short Interest in Vanguard International Dividend Appreciation ETF (NASDAQ:VIGI) Declines By 37.5%

Vanguard International Dividend Appreciation ETF (NASDAQ:VIGI) saw a significant drop in short interest during the month of April. As of April 30th, there was short interest totaling 238,919 shares, a drop of 37.5% from the April 15th total of 382,244 shares. Currently, 0.3% of the company’s shares are short sold. Based on an average daily volume of 274,453 shares, the days-to-cover ratio is currently 0.9 days.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the business. EP Wealth Advisors LLC bought a new position in Vanguard International Dividend Appreciation ETF in the 4th quarter worth $597,457,000. Raymond James Financial Inc. grew its stake in shares of Vanguard International Dividend Appreciation ETF by 25.1% in the 2nd quarter. Raymond James Financial Inc. now owns 1,046,684 shares of the company’s stock worth $94,327,000 after buying an additional 209,820 shares in the last quarter. Bank of America Corp DE increased its stake in Vanguard International Dividend Appreciation ETF by 5.8% during the second quarter. Bank of America Corp DE now owns 3,748,331 shares of the company’s stock worth $337,800,000 after acquiring an additional 206,850 shares during the last quarter. Morgan Stanley lifted its position in Vanguard International Dividend Appreciation ETF by 3.0% in the fourth quarter. Morgan Stanley now owns 6,793,264 shares of the company’s stock worth $621,244,000 after buying an additional 200,374 shares during the last quarter. Finally, Jones Financial Companies Lllp grew its holdings in Vanguard International Dividend Appreciation ETF by 15.8% during the 3rd quarter. Jones Financial Companies Lllp now owns 1,116,704 shares of the company’s stock valued at $98,885,000 after purchasing an additional 152,025 shares during the last quarter.

Vanguard International Dividend Appreciation ETF Price Performance

VIGI stock traded down $0.73 during midday trading on Friday, hitting $92.13. The stock had a trading volume of 225,793 shares, compared to its average volume of 429,592. The business has a 50-day moving average of $90.61 and a two-hundred day moving average of $91.59. The firm has a market cap of $8.77 billion, a price-to-earnings ratio of 21.41 and a beta of 0.71. Vanguard International Dividend Appreciation ETF has a 52-week low of $85.23 and a 52-week high of $96.60.

Vanguard International Dividend Appreciation ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 24th. Stockholders of record on Friday, March 20th were paid a $0.5646 dividend. This is an increase from Vanguard International Dividend Appreciation ETF’s previous quarterly dividend of $0.53. This represents a $2.26 annualized dividend and a dividend yield of 2.5%. The ex-dividend date was Friday, March 20th.

Vanguard International Dividend Appreciation ETF Company Profile

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.