Vanguard International Dividend Appreciation ETF (NASDAQ:VIGI) Sees Large Decrease in Short Interest

Vanguard International Dividend Appreciation ETF (NASDAQ:VIGI) was the target of a significant decrease in short interest in May. As of May 29th, there was short interest totaling 258,071 shares, a decrease of 34.8% from the May 14th total of 395,819 shares. Currently, 0.3% of the company’s stock are sold short. Based on an average daily volume of 368,169 shares, the short-interest ratio is currently 0.7 days.

Vanguard International Dividend Appreciation ETF Stock Performance

VIGI stock opened at $94.04 on Tuesday. The firm has a market cap of $8.96 billion, a PE ratio of 21.41 and a beta of 0.70. The firm’s fifty day moving average is $92.65 and its 200 day moving average is $92.22. Vanguard International Dividend Appreciation ETF has a one year low of $85.23 and a one year high of $96.60.

Vanguard International Dividend Appreciation ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, March 24th. Shareholders of record on Friday, March 20th were paid a $0.5646 dividend. This is a boost from Vanguard International Dividend Appreciation ETF’s previous quarterly dividend of $0.53. The ex-dividend date of this dividend was Friday, March 20th. This represents a $2.26 dividend on an annualized basis and a dividend yield of 2.4%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in VIGI. Weatherly Asset Management L. P. grew its position in Vanguard International Dividend Appreciation ETF by 2.6% during the 4th quarter. Weatherly Asset Management L. P. now owns 280,386 shares of the company’s stock worth $25,641,000 after acquiring an additional 7,232 shares during the last quarter. Citigroup Inc. increased its position in Vanguard International Dividend Appreciation ETF by 3.8% in the 3rd quarter. Citigroup Inc. now owns 1,456,796 shares of the company’s stock valued at $130,485,000 after buying an additional 53,740 shares in the last quarter. Asempa Wealth Advisors bought a new position in Vanguard International Dividend Appreciation ETF in the fourth quarter worth approximately $610,000. Financial Planning Hawaii Inc. acquired a new position in shares of Vanguard International Dividend Appreciation ETF during the fourth quarter worth approximately $1,265,000. Finally, Triad Wealth Partners LLC increased its position in shares of Vanguard International Dividend Appreciation ETF by 225.0% during the fourth quarter. Triad Wealth Partners LLC now owns 15,140 shares of the company’s stock worth $1,385,000 after acquiring an additional 10,481 shares in the last quarter.

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.