Spectrum Asset Management Inc. NB CA Takes Position in Vanguard International High Dividend Yield ETF $VYMI

Spectrum Asset Management Inc. NB CA acquired a new position in Vanguard International High Dividend Yield ETF (NASDAQ:VYMI) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 55,020 shares of the company’s stock, valued at approximately $4,659,000. Vanguard International High Dividend Yield ETF makes up about 1.6% of Spectrum Asset Management Inc. NB CA’s investment portfolio, making the stock its 21st biggest holding.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Bank of America Corp DE grew its position in shares of Vanguard International High Dividend Yield ETF by 14.5% during the 2nd quarter. Bank of America Corp DE now owns 4,532,014 shares of the company’s stock worth $363,060,000 after buying an additional 574,038 shares in the last quarter. Captrust Financial Advisors lifted its stake in Vanguard International High Dividend Yield ETF by 22.6% in the second quarter. Captrust Financial Advisors now owns 2,277,509 shares of the company’s stock worth $182,451,000 after acquiring an additional 420,173 shares during the period. Envestnet Asset Management Inc. grew its holdings in Vanguard International High Dividend Yield ETF by 9.1% during the 2nd quarter. Envestnet Asset Management Inc. now owns 1,905,093 shares of the company’s stock worth $152,612,000 after acquiring an additional 159,129 shares in the last quarter. The Manufacturers Life Insurance Company grew its holdings in Vanguard International High Dividend Yield ETF by 1.6% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 1,769,022 shares of the company’s stock worth $141,716,000 after acquiring an additional 28,009 shares in the last quarter. Finally, Ameriprise Financial Inc. increased its position in Vanguard International High Dividend Yield ETF by 20.4% during the 2nd quarter. Ameriprise Financial Inc. now owns 1,629,960 shares of the company’s stock valued at $130,575,000 after purchasing an additional 275,875 shares during the period.

Vanguard International High Dividend Yield ETF Stock Performance

Shares of VYMI opened at $90.98 on Friday. The company has a 50 day moving average price of $88.28 and a 200-day moving average price of $84.95. Vanguard International High Dividend Yield ETF has a fifty-two week low of $65.08 and a fifty-two week high of $91.75. The stock has a market capitalization of $15.08 billion, a PE ratio of 12.06 and a beta of 0.69.

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.