Sequoia Financial Advisors LLC Makes New $383,000 Investment in Vanguard International High Dividend Yield ETF $VYMI

Sequoia Financial Advisors LLC bought a new position in shares of Vanguard International High Dividend Yield ETF (NASDAQ:VYMI) in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 4,777 shares of the company’s stock, valued at approximately $383,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Pegasus Asset Management Inc. bought a new position in Vanguard International High Dividend Yield ETF during the second quarter worth about $333,000. McNamara Financial Services Inc. boosted its position in Vanguard International High Dividend Yield ETF by 26.1% during the second quarter. McNamara Financial Services Inc. now owns 14,140 shares of the company’s stock worth $1,133,000 after purchasing an additional 2,924 shares during the period. Libra Wealth LLC bought a new position in Vanguard International High Dividend Yield ETF during the second quarter worth about $202,000. Strategic Point Investment Advisors LLC boosted its position in Vanguard International High Dividend Yield ETF by 0.7% during the second quarter. Strategic Point Investment Advisors LLC now owns 243,792 shares of the company’s stock worth $19,530,000 after purchasing an additional 1,714 shares during the period. Finally, Ackerman Capital Advisors LLC boosted its position in Vanguard International High Dividend Yield ETF by 36.5% during the second quarter. Ackerman Capital Advisors LLC now owns 220,024 shares of the company’s stock worth $17,626,000 after purchasing an additional 58,802 shares during the period.

Vanguard International High Dividend Yield ETF Trading Down 0.7%

VYMI stock opened at $84.82 on Wednesday. The firm has a 50 day moving average of $84.52 and a 200-day moving average of $80.32. Vanguard International High Dividend Yield ETF has a 12 month low of $65.08 and a 12 month high of $86.08. The firm has a market capitalization of $12.76 billion, a P/E ratio of 12.06 and a beta of 0.81.

Vanguard International High Dividend Yield ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 23rd. Stockholders of record on Friday, September 19th were given a $0.7001 dividend. This represents a $2.80 dividend on an annualized basis and a dividend yield of 3.3%. The ex-dividend date was Friday, September 19th.

Vanguard International High Dividend Yield ETF Company 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.