Northwestern Mutual Wealth Management Co. Grows Stake in Vanguard International High Dividend Yield ETF $VYMI

Northwestern Mutual Wealth Management Co. boosted its position in Vanguard International High Dividend Yield ETF (NASDAQ:VYMI) by 9.0% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 159,180 shares of the company’s stock after purchasing an additional 13,199 shares during the period. Northwestern Mutual Wealth Management Co. owned about 0.10% of Vanguard International High Dividend Yield ETF worth $14,326,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in VYMI. Moors & Cabot Inc. grew its position in shares of Vanguard International High Dividend Yield ETF by 5.4% during the 4th quarter. Moors & Cabot Inc. now owns 13,254 shares of the company’s stock valued at $1,193,000 after acquiring an additional 675 shares during the period. Foundations Investment Advisors LLC grew its holdings in Vanguard International High Dividend Yield ETF by 81.5% during the fourth quarter. Foundations Investment Advisors LLC now owns 5,575 shares of the company’s stock valued at $502,000 after purchasing an additional 2,503 shares during the period. Texas Capital Bank Wealth Management Services Inc purchased a new stake in Vanguard International High Dividend Yield ETF in the fourth quarter worth about $259,000. Fidelis Capital Partners LLC bought a new position in shares of Vanguard International High Dividend Yield ETF in the fourth quarter worth about $807,000. Finally, Steel Grove Capital Advisors LLC bought a new position in shares of Vanguard International High Dividend Yield ETF in the fourth quarter worth about $421,000.

Vanguard International High Dividend Yield ETF Trading Down 0.3%

NASDAQ VYMI opened at $99.67 on Tuesday. Vanguard International High Dividend Yield ETF has a 12 month low of $77.46 and a 12 month high of $101.71. The stock has a market cap of $19.05 billion, a price-to-earnings ratio of 12.06 and a beta of 0.61. The company’s 50 day moving average is $97.61 and its two-hundred day moving average is $94.51.

Vanguard International High Dividend Yield ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 24th. Shareholders of record on Friday, March 20th were issued a dividend of $0.708 per share. This represents a $2.83 dividend on an annualized basis and a yield of 2.8%. The ex-dividend date of this dividend was Friday, March 20th.

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.