Short Interest in Vanguard International Dividend Appreciation ETF (NASDAQ:VIGI) Declines By 30.2%

Vanguard International Dividend Appreciation ETF (NASDAQ:VIGI) was the recipient of a significant decline in short interest in the month of December. As of December 15th, there was short interest totalling 157,900 shares, a decline of 30.2% from the November 30th total of 226,300 shares. Based on an average daily volume of 231,800 shares, the short-interest ratio is currently 0.7 days.

Vanguard International Dividend Appreciation ETF Trading Down 0.8 %

Shares of VIGI traded down $0.65 during midday trading on Monday, reaching $80.02. 371,847 shares of the stock were exchanged, compared to its average volume of 246,294. The company’s 50 day moving average is $83.20 and its two-hundred day moving average is $84.17. The company has a market capitalization of $6.80 billion, a P/E ratio of 20.53 and a beta of 0.77. Vanguard International Dividend Appreciation ETF has a 52 week low of $77.28 and a 52 week high of $89.09.

Vanguard International Dividend Appreciation ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, December 24th. Stockholders of record on Friday, December 20th were given a $0.2619 dividend. The ex-dividend date of this dividend was Friday, December 20th. This represents a $1.05 annualized dividend and a dividend yield of 1.31%.

Hedge Funds Weigh In On Vanguard International Dividend Appreciation ETF

A number of hedge funds and other institutional investors have recently modified their holdings of VIGI. World Investment Advisors LLC purchased a new position in Vanguard International Dividend Appreciation ETF in the third quarter valued at about $64,616,000. International Assets Investment Management LLC boosted its stake in Vanguard International Dividend Appreciation ETF by 18,871.2% in the third quarter. International Assets Investment Management LLC now owns 442,218 shares of the company’s stock valued at $39,039,000 after acquiring an additional 439,887 shares in the last quarter. EP Wealth Advisors LLC grew its holdings in Vanguard International Dividend Appreciation ETF by 16.4% in the third quarter. EP Wealth Advisors LLC now owns 3,101,521 shares of the company’s stock worth $273,802,000 after purchasing an additional 435,854 shares during the last quarter. Bank of Montreal Can increased its position in shares of Vanguard International Dividend Appreciation ETF by 1,653.9% during the second quarter. Bank of Montreal Can now owns 287,893 shares of the company’s stock worth $23,429,000 after purchasing an additional 271,479 shares in the last quarter. Finally, Eastern Bank lifted its holdings in shares of Vanguard International Dividend Appreciation ETF by 67.6% during the 3rd quarter. Eastern Bank now owns 577,463 shares of the company’s stock valued at $50,978,000 after purchasing an additional 232,912 shares during the last quarter.

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.