Eastern Bank Grows Stake in Vanguard International Dividend Appreciation ETF (NASDAQ:VIGI)

Eastern Bank raised its stake in shares of Vanguard International Dividend Appreciation ETF (NASDAQ:VIGI) by 67.6% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 577,463 shares of the company’s stock after buying an additional 232,912 shares during the period. Vanguard International Dividend Appreciation ETF comprises approximately 0.9% of Eastern Bank’s holdings, making the stock its 26th largest position. Eastern Bank owned approximately 0.68% of Vanguard International Dividend Appreciation ETF worth $50,978,000 at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in the business. Patten Group Inc. increased its holdings in Vanguard International Dividend Appreciation ETF by 1.1% during the third quarter. Patten Group Inc. now owns 11,609 shares of the company’s stock valued at $1,025,000 after buying an additional 129 shares during the period. Ironwood Investment Counsel LLC grew its holdings in shares of Vanguard International Dividend Appreciation ETF by 0.8% during the first quarter. Ironwood Investment Counsel LLC now owns 17,268 shares of the company’s stock worth $1,408,000 after buying an additional 130 shares in the last quarter. Hubbell Strickland Wealth Management LLC grew its holdings in Vanguard International Dividend Appreciation ETF by 0.7% in the 1st quarter. Hubbell Strickland Wealth Management LLC now owns 24,063 shares of the company’s stock valued at $1,962,000 after buying an additional 161 shares in the last quarter. OMNI 360 Wealth Inc. grew its position in Vanguard International Dividend Appreciation ETF by 2.7% in the first quarter. OMNI 360 Wealth Inc. now owns 6,515 shares of the company’s stock worth $531,000 after acquiring an additional 169 shares during the period. Finally, Kathleen S. Wright Associates Inc. raised its stake in shares of Vanguard International Dividend Appreciation ETF by 0.3% in the 3rd quarter. Kathleen S. Wright Associates Inc. now owns 73,376 shares of the company’s stock valued at $6,476,000 after acquiring an additional 186 shares during the period.

Vanguard International Dividend Appreciation ETF Stock Performance

Shares of Vanguard International Dividend Appreciation ETF stock traded down $0.72 during trading hours on Tuesday, reaching $85.29. 102,408 shares of the company were exchanged, compared to its average volume of 244,514. Vanguard International Dividend Appreciation ETF has a 1 year low of $68.45 and a 1 year high of $89.09. The stock’s fifty day moving average is $86.80 and its 200 day moving average is $83.13. The firm has a market cap of $7.24 billion, a PE ratio of 20.53 and a beta of 0.77.

Vanguard International Dividend Appreciation ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, September 24th. Shareholders of record on Friday, September 20th were paid a $0.312 dividend. The ex-dividend date of this dividend was Friday, September 20th. This represents a $1.25 annualized dividend and a yield of 1.46%.

About Vanguard International Dividend Appreciation ETF

The Vanguard International Dividend Appreciation ETF (VIGI) is an exchange-traded fund that is based on the S&P Global Ex-U.S. Dividend Growers index, a market-cap-weighted index of developed and emerging market firms (ex-US) that have increased their annual dividends for seven consecutive years. VIGI was launched on Feb 25, 2016 and is managed by Vanguard.