Brown Miller Wealth Management LLC Acquires New Stake in Vanguard International High Dividend Yield ETF (NASDAQ:VYMI)

Brown Miller Wealth Management LLC acquired a new stake in shares of Vanguard International High Dividend Yield ETF (NASDAQ:VYMI) in the 4th quarter, Holdings Channel reports. The institutional investor acquired 3,081 shares of the company’s stock, valued at approximately $205,000.

Several other large investors also recently added to or reduced their stakes in VYMI. Macquarie Group Ltd. lifted its stake in Vanguard International High Dividend Yield ETF by 0.4% during the second quarter. Macquarie Group Ltd. now owns 44,867 shares of the company’s stock worth $2,639,000 after purchasing an additional 173 shares during the last quarter. Sage Capital Advisors llc increased its holdings in shares of Vanguard International High Dividend Yield ETF by 3.0% in the third quarter. Sage Capital Advisors llc now owns 6,088 shares of the company’s stock worth $377,000 after buying an additional 180 shares during the period. Patriot Investment Management Group Inc. increased its holdings in shares of Vanguard International High Dividend Yield ETF by 3.0% in the fourth quarter. Patriot Investment Management Group Inc. now owns 6,644 shares of the company’s stock worth $442,000 after buying an additional 192 shares during the period. Meeder Asset Management Inc. increased its holdings in shares of Vanguard International High Dividend Yield ETF by 5.4% in the first quarter. Meeder Asset Management Inc. now owns 3,827 shares of the company’s stock worth $237,000 after buying an additional 195 shares during the period. Finally, RDA Financial Network increased its holdings in shares of Vanguard International High Dividend Yield ETF by 5.5% in the fourth quarter. RDA Financial Network now owns 3,753 shares of the company’s stock worth $250,000 after buying an additional 197 shares during the period.

Vanguard International High Dividend Yield ETF Stock Down 0.1 %

Shares of VYMI traded down $0.05 during trading hours on Thursday, hitting $68.80. The company had a trading volume of 287,347 shares, compared to its average volume of 449,248. The firm has a market cap of $7.26 billion, a P/E ratio of 8.30 and a beta of 0.81. The stock’s 50 day moving average price is $66.91 and its 200 day moving average price is $64.61. Vanguard International High Dividend Yield ETF has a 52-week low of $59.20 and a 52-week high of $69.06.

Vanguard International High Dividend Yield ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, March 20th. Investors of record on Monday, March 18th were issued a dividend of $0.616 per share. The ex-dividend date of this dividend was Friday, March 15th. This represents a $2.46 dividend on an annualized basis and a yield of 3.58%.

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.