Axis Wealth Partners LLC Takes $4.15 Million Position in Vanguard International High Dividend Yield ETF (NASDAQ:VYMI)

Axis Wealth Partners LLC bought a new position in shares of Vanguard International High Dividend Yield ETF (NASDAQ:VYMI) during the fourth quarter, HoldingsChannel.com reports. The institutional investor bought 61,179 shares of the company’s stock, valued at approximately $4,153,000. Vanguard International High Dividend Yield ETF makes up about 3.5% of Axis Wealth Partners LLC’s investment portfolio, making the stock its 4th largest position.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. US Bancorp DE grew its position in shares of Vanguard International High Dividend Yield ETF by 29.8% in the 3rd quarter. US Bancorp DE now owns 9,095 shares of the company’s stock valued at $668,000 after acquiring an additional 2,088 shares during the period. Concurrent Investment Advisors LLC lifted its stake in Vanguard International High Dividend Yield ETF by 19.5% in the 3rd quarter. Concurrent Investment Advisors LLC now owns 5,359 shares of the company’s stock valued at $393,000 after purchasing an additional 875 shares during the last quarter. Cowa LLC grew its holdings in Vanguard International High Dividend Yield ETF by 20.4% during the third quarter. Cowa LLC now owns 22,531 shares of the company’s stock worth $1,654,000 after purchasing an additional 3,814 shares during the period. Objective Capital Management LLC acquired a new position in Vanguard International High Dividend Yield ETF during the third quarter worth approximately $462,000. Finally, Atria Investments Inc increased its position in Vanguard International High Dividend Yield ETF by 4.9% during the third quarter. Atria Investments Inc now owns 120,715 shares of the company’s stock worth $8,863,000 after buying an additional 5,685 shares during the last quarter.

Vanguard International High Dividend Yield ETF Stock Up 1.1 %

VYMI opened at $75.01 on Friday. Vanguard International High Dividend Yield ETF has a 12-month low of $65.43 and a 12-month high of $75.03. The business has a 50 day moving average of $70.52 and a 200-day moving average of $70.96. The stock has a market cap of $8.58 billion, a price-to-earnings ratio of 11.91 and a beta of 0.81.

Vanguard International High Dividend Yield ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, December 24th. Shareholders of record on Friday, December 20th were given a dividend of $0.9647 per share. This represents a $3.86 dividend on an annualized basis and a yield of 5.14%. This is a boost from Vanguard International High Dividend Yield ETF’s previous quarterly dividend of $0.70. The ex-dividend date was Friday, December 20th.

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.