Pinnacle Wealth Management Advisory Group LLC Sells 1,650 Shares of Vanguard International High Dividend Yield ETF (NASDAQ:VYMI)

Pinnacle Wealth Management Advisory Group LLC lessened its stake in shares of Vanguard International High Dividend Yield ETF (NASDAQ:VYMI) by 16.6% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 8,290 shares of the company’s stock after selling 1,650 shares during the quarter. Pinnacle Wealth Management Advisory Group LLC’s holdings in Vanguard International High Dividend Yield ETF were worth $551,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in the stock. Morgan Stanley boosted its holdings in Vanguard International High Dividend Yield ETF by 2.2% in the third quarter. Morgan Stanley now owns 4,381,182 shares of the company’s stock worth $271,151,000 after purchasing an additional 95,433 shares during the last quarter. Orgel Wealth Management LLC grew its holdings in shares of Vanguard International High Dividend Yield ETF by 5.5% in the fourth quarter. Orgel Wealth Management LLC now owns 2,328,717 shares of the company’s stock worth $154,836,000 after acquiring an additional 120,629 shares during the period. MCIA Inc increased its position in Vanguard International High Dividend Yield ETF by 3.8% during the fourth quarter. MCIA Inc now owns 1,179,448 shares of the company’s stock valued at $78,587,000 after acquiring an additional 43,479 shares during the last quarter. Ameriprise Financial Inc. lifted its holdings in Vanguard International High Dividend Yield ETF by 19.8% in the third quarter. Ameriprise Financial Inc. now owns 1,103,507 shares of the company’s stock valued at $68,330,000 after acquiring an additional 182,300 shares during the period. Finally, LPL Financial LLC boosted its position in Vanguard International High Dividend Yield ETF by 10.6% in the third quarter. LPL Financial LLC now owns 1,062,827 shares of the company’s stock worth $65,778,000 after purchasing an additional 101,945 shares during the last quarter.

Vanguard International High Dividend Yield ETF Stock Down 0.1 %

Shares of Vanguard International High Dividend Yield ETF stock traded down $0.04 during trading hours on Wednesday, reaching $69.68. 260,258 shares of the stock traded hands, compared to its average volume of 399,110. The company has a 50 day moving average price of $68.22 and a 200 day moving average price of $65.85. Vanguard International High Dividend Yield ETF has a one year low of $59.20 and a one year high of $69.89. The firm has a market capitalization of $7.47 billion, a price-to-earnings ratio of 9.68 and a beta of 0.81.

Vanguard International High Dividend Yield ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, March 20th. Shareholders of record on Monday, March 18th were issued a dividend of $0.616 per share. The ex-dividend date was Friday, March 15th. This represents a $2.46 dividend on an annualized basis and a yield of 3.54%.

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.