Envestnet Portfolio Solutions Inc. Buys 12,198 Shares of Vanguard International High Dividend Yield ETF (NASDAQ:VYMI)

Envestnet Portfolio Solutions Inc. increased its stake in Vanguard International High Dividend Yield ETF (NASDAQ:VYMI) by 7.5% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 174,669 shares of the company’s stock after acquiring an additional 12,198 shares during the period. Envestnet Portfolio Solutions Inc. owned about 0.16% of Vanguard International High Dividend Yield ETF worth $11,970,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Peoples Bank KS bought a new position in Vanguard International High Dividend Yield ETF during the 2nd quarter valued at approximately $27,000. Bay Harbor Wealth Management LLC bought a new position in Vanguard International High Dividend Yield ETF during the 1st quarter valued at approximately $43,000. Adirondack Trust Co. raised its position in Vanguard International High Dividend Yield ETF by 535.2% during the 1st quarter. Adirondack Trust Co. now owns 686 shares of the company’s stock valued at $47,000 after purchasing an additional 578 shares during the last quarter. Whittier Trust Co. of Nevada Inc. raised its position in Vanguard International High Dividend Yield ETF by 142.4% during the 1st quarter. Whittier Trust Co. of Nevada Inc. now owns 703 shares of the company’s stock valued at $48,000 after purchasing an additional 413 shares during the last quarter. Finally, Signature Resources Capital Management LLC bought a new position in Vanguard International High Dividend Yield ETF during the 4th quarter valued at approximately $77,000.

Vanguard International High Dividend Yield ETF Price Performance

VYMI traded up $0.92 during midday trading on Thursday, reaching $70.20. 126,514 shares of the company’s stock traded hands, compared to its average volume of 376,436. The firm has a fifty day moving average of $69.33 and a two-hundred day moving average of $68.63. The stock has a market capitalization of $7.66 billion, a price-to-earnings ratio of 9.68 and a beta of 0.81. Vanguard International High Dividend Yield ETF has a 52 week low of $59.20 and a 52 week high of $71.82.

Vanguard International High Dividend Yield ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 25th. Shareholders of record on Friday, June 21st were given a dividend of $1.009 per share. This is a positive change from Vanguard International High Dividend Yield ETF’s previous quarterly dividend of $0.62. The ex-dividend date was Friday, June 21st. This represents a $4.04 dividend on an annualized basis and a yield of 5.75%.

Vanguard International High Dividend Yield ETF Profile

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.