Richardson Financial Services Inc. Cuts Holdings in Vanguard International High Dividend Yield ETF (NASDAQ:VYMI)

Richardson Financial Services Inc. cut its holdings in Vanguard International High Dividend Yield ETF (NASDAQ:VYMI) by 50.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,778 shares of the company’s stock after selling 1,778 shares during the quarter. Richardson Financial Services Inc.’s holdings in Vanguard International High Dividend Yield ETF were worth $121,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of VYMI. Captrust Financial Advisors boosted its position in Vanguard International High Dividend Yield ETF by 34,002.9% during the third quarter. Captrust Financial Advisors now owns 1,744,365 shares of the company’s stock worth $128,071,000 after purchasing an additional 1,739,250 shares in the last quarter. The Manufacturers Life Insurance Company grew its stake in Vanguard International High Dividend Yield ETF by 48.4% in the 3rd quarter. The Manufacturers Life Insurance Company now owns 1,191,046 shares of the company’s stock valued at $87,447,000 after acquiring an additional 388,388 shares during the last quarter. International Assets Investment Management LLC increased its holdings in Vanguard International High Dividend Yield ETF by 7,680.0% during the 3rd quarter. International Assets Investment Management LLC now owns 370,404 shares of the company’s stock valued at $27,195,000 after acquiring an additional 365,643 shares in the last quarter. Janney Montgomery Scott LLC purchased a new position in Vanguard International High Dividend Yield ETF during the 4th quarter valued at about $16,005,000. Finally, HighTower Advisors LLC lifted its holdings in shares of Vanguard International High Dividend Yield ETF by 59.9% in the third quarter. HighTower Advisors LLC now owns 471,611 shares of the company’s stock valued at $34,624,000 after purchasing an additional 176,592 shares in the last quarter.

Vanguard International High Dividend Yield ETF Price Performance

VYMI stock opened at $70.23 on Monday. The company’s 50 day simple moving average is $69.17 and its 200-day simple moving average is $70.45. Vanguard International High Dividend Yield ETF has a 12 month low of $64.58 and a 12 month high of $74.28. The firm has a market capitalization of $8.03 billion, a PE ratio of 9.68 and a beta of 0.81.

Vanguard International High Dividend Yield ETF Increases Dividend

The business also recently declared 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 is an increase from Vanguard International High Dividend Yield ETF’s previous quarterly dividend of $0.70. The ex-dividend date of this dividend was Friday, December 20th. This represents a $3.86 annualized dividend and a yield of 5.49%.

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.