M Wealth Management LLC Invests $217,000 in Vanguard International High Dividend Yield ETF (NASDAQ:VYMI)

M Wealth Management LLC acquired a new stake in shares of Vanguard International High Dividend Yield ETF (NASDAQ:VYMI) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor acquired 3,200 shares of the company’s stock, valued at approximately $217,000.

Several other large investors have also recently made changes to their positions in VYMI. Captrust Financial Advisors boosted its position in shares of Vanguard International High Dividend Yield ETF by 34,002.9% during the 3rd quarter. Captrust Financial Advisors now owns 1,744,365 shares of the company’s stock valued at $128,071,000 after acquiring an additional 1,739,250 shares during the last quarter. The Manufacturers Life Insurance Company grew its stake in shares of 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 worth $87,447,000 after buying an additional 388,388 shares in the last quarter. International Assets Investment Management LLC raised its position in shares of 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 buying an additional 365,643 shares in the last quarter. Janney Montgomery Scott LLC purchased a new position in Vanguard International High Dividend Yield ETF in the fourth quarter worth about $16,005,000. Finally, HighTower Advisors LLC increased its stake in Vanguard International High Dividend Yield ETF by 59.9% during the third quarter. HighTower Advisors LLC now owns 471,611 shares of the company’s stock worth $34,624,000 after acquiring an additional 176,592 shares during the last quarter.

Vanguard International High Dividend Yield ETF Price Performance

NASDAQ:VYMI opened at $70.76 on Thursday. The firm has a market capitalization of $8.09 billion, a price-to-earnings ratio of 9.68 and a beta of 0.81. The business has a 50 day simple moving average of $69.15 and a 200-day simple moving average of $70.45. Vanguard International High Dividend Yield ETF has a 1 year low of $64.58 and a 1 year high of $74.28.

Vanguard International High Dividend Yield ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, December 24th. Investors of record on Friday, December 20th were issued a dividend of $0.9647 per share. This represents a $3.86 annualized dividend and a yield of 5.45%. 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.

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.