Pinnacle Wealth Management Advisory Group LLC Lowers Position in Vanguard International High Dividend Yield ETF (NASDAQ:VYMI)

Pinnacle Wealth Management Advisory Group LLC cut its position in shares of Vanguard International High Dividend Yield ETF (NASDAQ:VYMI) by 16.6% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 8,290 shares of the company’s stock after selling 1,650 shares during the period. Pinnacle Wealth Management Advisory Group LLC’s holdings in Vanguard International High Dividend Yield ETF were worth $551,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in VYMI. Morgan Stanley increased its stake in shares of Vanguard International High Dividend Yield ETF by 2.2% in the 3rd quarter. Morgan Stanley now owns 4,381,182 shares of the company’s stock valued at $271,151,000 after purchasing an additional 95,433 shares in the last quarter. Orgel Wealth Management LLC grew its holdings in Vanguard International High Dividend Yield ETF by 5.5% in the fourth quarter. Orgel Wealth Management LLC now owns 2,328,717 shares of the company’s stock valued at $154,836,000 after purchasing an additional 120,629 shares during the period. MCIA Inc increased its position in shares of Vanguard International High Dividend Yield ETF by 3.8% in the fourth quarter. MCIA Inc now owns 1,179,448 shares of the company’s stock valued at $78,587,000 after buying an additional 43,479 shares in the last quarter. Ameriprise Financial Inc. raised its stake in shares of Vanguard International High Dividend Yield ETF by 19.8% during the 3rd quarter. Ameriprise Financial Inc. now owns 1,103,507 shares of the company’s stock worth $68,330,000 after buying an additional 182,300 shares during the period. Finally, LPL Financial LLC lifted its position in shares of Vanguard International High Dividend Yield ETF by 10.6% during the 3rd quarter. LPL Financial LLC now owns 1,062,827 shares of the company’s stock valued at $65,778,000 after buying an additional 101,945 shares in the last quarter.

Vanguard International High Dividend Yield ETF Price Performance

NASDAQ VYMI traded down $0.04 on Wednesday, hitting $69.68. The company had a trading volume of 260,258 shares, compared to its average volume of 399,110. The company’s fifty day moving average price is $68.22 and its 200-day moving average price is $65.85. The company has a market capitalization of $7.47 billion, a PE ratio of 9.68 and a beta of 0.81. Vanguard International High Dividend Yield ETF has a 12-month low of $59.20 and a 12-month high of $69.89.

Vanguard International High Dividend Yield ETF Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, March 20th. Stockholders of record on Monday, March 18th were paid a dividend of $0.616 per share. The ex-dividend date was Friday, March 15th. This represents a $2.46 dividend on an annualized basis and a dividend yield of 3.54%.

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.