Investment Partners Asset Management Inc. Buys New Stake in Vanguard International High Dividend Yield ETF (NASDAQ:VYMI)

Investment Partners Asset Management Inc. acquired a new stake in shares of Vanguard International High Dividend Yield ETF (NASDAQ:VYMI) in the third quarter, according to the company in its most recent filing with the SEC. The firm acquired 2,803 shares of the company’s stock, valued at approximately $206,000.

Several other institutional investors and hedge funds have also modified their holdings of the stock. Richardson Financial Services Inc. boosted its stake in shares of Vanguard International High Dividend Yield ETF by 100.0% during the 3rd quarter. Richardson Financial Services Inc. now owns 3,556 shares of the company’s stock worth $252,000 after acquiring an additional 1,778 shares in the last quarter. Wealth Enhancement Advisory Services LLC raised its position in shares of Vanguard International High Dividend Yield ETF by 47.2% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 10,533 shares of the company’s stock worth $773,000 after purchasing an additional 3,375 shares during the last quarter. Arkadios Wealth Advisors boosted its holdings in Vanguard International High Dividend Yield ETF by 6.2% in the 3rd quarter. Arkadios Wealth Advisors now owns 7,422 shares of the company’s stock worth $545,000 after buying an additional 433 shares during the last quarter. Sageworth Trust Co increased its stake in Vanguard International High Dividend Yield ETF by 0.8% during the 3rd quarter. Sageworth Trust Co now owns 688,222 shares of the company’s stock worth $50,529,000 after buying an additional 5,127 shares in the last quarter. Finally, Sageworth Trust Co of South Dakota raised its holdings in shares of Vanguard International High Dividend Yield ETF by 5.8% during the third quarter. Sageworth Trust Co of South Dakota now owns 52,904 shares of the company’s stock valued at $3,884,000 after acquiring an additional 2,893 shares during the last quarter.

Vanguard International High Dividend Yield ETF Price Performance

NASDAQ VYMI traded up $0.55 during mid-day trading on Monday, hitting $71.84. The stock had a trading volume of 78,746 shares, compared to its average volume of 360,071. The firm’s 50 day moving average is $72.21 and its 200 day moving average is $70.36. The stock has a market capitalization of $7.98 billion, a price-to-earnings ratio of 9.68 and a beta of 0.81. Vanguard International High Dividend Yield ETF has a twelve month low of $59.69 and a twelve month high of $74.28.

Vanguard International High Dividend Yield ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 24th. Investors of record on Friday, September 20th were given a dividend of $0.697 per share. The ex-dividend date was Friday, September 20th. This represents a $2.79 dividend on an annualized basis and a yield of 3.88%.

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.