Vanguard Total International Stock ETF (NASDAQ:VXUS) Sees Large Volume Increase After Dividend Announcement

Vanguard Total International Stock ETF (NASDAQ:VXUS) shares saw unusually-strong trading volume on Thursday after the company announced a dividend. Approximately 4,520,375 shares traded hands during trading, a decline of 37% from the previous session’s volume of 7,210,464 shares.The stock last traded at $86.5560 and had previously closed at $85.41.

The newly announced dividend which will be paid on Tuesday, September 22nd. Stockholders of record on Friday, September 18th will be issued a dividend of $0.1562 per share. The ex-dividend date is Friday, September 18th. This represents a $0.62 dividend on an annualized basis and a dividend yield of 0.7%.

Vanguard Total International Stock ETF Trading Down 0.7%

The firm has a market cap of $157.33 billion, a price-to-earnings ratio of 15.99 and a beta of 0.77. The stock’s fifty day moving average price is $86.12 and its 200-day moving average price is $83.69.

Institutional Investors Weigh In On Vanguard Total International Stock ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Bank of America Corp DE increased its position in shares of Vanguard Total International Stock ETF by 31.4% during the 1st quarter. Bank of America Corp DE now owns 26,202,620 shares of the company’s stock worth $2,020,484,000 after purchasing an additional 6,264,606 shares during the last quarter. Narodna banka Slovenska acquired a new position in Vanguard Total International Stock ETF in the first quarter valued at about $1,112,818,000. HB Wealth Management LLC lifted its position in Vanguard Total International Stock ETF by 3.7% in the second quarter. HB Wealth Management LLC now owns 8,363,846 shares of the company’s stock valued at $707,520,000 after buying an additional 300,748 shares during the last quarter. Valpey Financial Services LLC lifted its position in Vanguard Total International Stock ETF by 7,516.6% in the fourth quarter. Valpey Financial Services LLC now owns 6,042,749 shares of the company’s stock valued at $455,865,000 after buying an additional 5,963,412 shares during the last quarter. Finally, Aptus Capital Advisors LLC boosted its stake in Vanguard Total International Stock ETF by 5,133.0% during the fourth quarter. Aptus Capital Advisors LLC now owns 5,152,926 shares of the company’s stock worth $388,737,000 after buying an additional 5,054,456 shares during the period.

Vanguard Total International Stock ETF Company Profile

The Vanguard Total International Stock ETF (VXUS) is an exchange-traded fund that is based on the FTSE Global All Cap ex US index, a market-cap-weighted index of global stocks covering 99% of the world’s global market capitalization outside the US. VXUS was launched on Jan 26, 2011 and is managed by Vanguard.