TCG Advisory Services LLC Makes New $5.60 Million Investment in Vanguard International High Dividend Yield ETF (NASDAQ:VYMI)

TCG Advisory Services LLC acquired a new position in shares of Vanguard International High Dividend Yield ETF (NASDAQ:VYMI) in the 4th quarter, HoldingsChannel.com reports. The fund acquired 84,236 shares of the company’s stock, valued at approximately $5,601,000.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Financial Gravity Asset Management Inc. increased its stake in Vanguard International High Dividend Yield ETF by 1,800.0% during the 3rd quarter. Financial Gravity Asset Management Inc. now owns 855 shares of the company’s stock valued at $53,000 after buying an additional 810 shares during the period. Investors Research Corp bought a new stake in Vanguard International High Dividend Yield ETF during the third quarter worth approximately $58,000. Baystate Wealth Management LLC bought a new stake in Vanguard International High Dividend Yield ETF during the fourth quarter worth approximately $67,000. Signature Resources Capital Management LLC acquired a new stake in Vanguard International High Dividend Yield ETF in the fourth quarter worth approximately $77,000. Finally, Fortis Group Advisors LLC acquired a new position in shares of Vanguard International High Dividend Yield ETF during the 3rd quarter valued at $83,000.

Vanguard International High Dividend Yield ETF Price Performance

Shares of VYMI traded up $0.38 during midday trading on Friday, reaching $69.18. The stock had a trading volume of 213,188 shares, compared to its average volume of 402,723. The company has a market capitalization of $7.42 billion, a P/E ratio of 9.68 and a beta of 0.81. The firm’s 50 day moving average price is $68.06 and its 200-day moving average price is $65.66. Vanguard International High Dividend Yield ETF has a 52 week low of $59.20 and a 52 week high of $69.50.

Vanguard International High Dividend Yield ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, March 20th. Shareholders of record on Monday, March 18th were given a $0.616 dividend. This represents a $2.46 annualized dividend and a yield of 3.56%. The ex-dividend date was Friday, March 15th.

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.