Cherry Tree Wealth Management LLC Decreases Stock Holdings in Vanguard International High Dividend Yield ETF (NASDAQ:VYMI)

Cherry Tree Wealth Management LLC reduced its position in shares of Vanguard International High Dividend Yield ETF (NASDAQ:VYMI) by 1.5% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 91,827 shares of the company’s stock after selling 1,420 shares during the period. Vanguard International High Dividend Yield ETF accounts for approximately 1.6% of Cherry Tree Wealth Management LLC’s portfolio, making the stock its 19th largest position. Cherry Tree Wealth Management LLC’s holdings in Vanguard International High Dividend Yield ETF were worth $6,106,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of the business. Morgan Stanley increased its stake in shares of Vanguard International High Dividend Yield ETF by 2.2% during the third quarter. Morgan Stanley now owns 4,381,182 shares of the company’s stock valued at $271,151,000 after buying an additional 95,433 shares during the period. Orgel Wealth Management LLC raised its holdings in Vanguard International High Dividend Yield ETF by 5.5% in the 4th quarter. Orgel Wealth Management LLC now owns 2,328,717 shares of the company’s stock worth $154,836,000 after purchasing an additional 120,629 shares in the last quarter. MCIA Inc lifted its position in shares of Vanguard International High Dividend Yield ETF by 3.8% in the 4th quarter. MCIA Inc now owns 1,179,448 shares of the company’s stock worth $78,587,000 after purchasing an additional 43,479 shares during the period. Ameriprise Financial Inc. boosted its stake in shares of Vanguard International High Dividend Yield ETF by 19.8% during the 3rd quarter. Ameriprise Financial Inc. now owns 1,103,507 shares of the company’s stock valued at $68,330,000 after purchasing an additional 182,300 shares in the last quarter. Finally, LPL Financial LLC raised its stake 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 buying an additional 101,945 shares in the last quarter.

Vanguard International High Dividend Yield ETF Price Performance

VYMI traded down $0.04 on Wednesday, hitting $69.68. The company had a trading volume of 260,258 shares, compared to its average volume of 399,110. Vanguard International High Dividend Yield ETF has a 52-week low of $59.20 and a 52-week high of $69.89. The stock has a fifty day simple moving average of $68.16 and a 200-day simple moving average of $65.82. The firm has a market capitalization of $7.47 billion, a P/E ratio of 9.68 and a beta of 0.81.

Vanguard International High Dividend Yield ETF Cuts Dividend

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

About Vanguard International High Dividend Yield ETF

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.