Verity Asset Management Inc. Makes New Investment in Vanguard International High Dividend Yield ETF $VYMI

Verity Asset Management Inc. bought a new position in Vanguard International High Dividend Yield ETF (NASDAQ:VYMI) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund bought 24,391 shares of the company’s stock, valued at approximately $2,195,000. Vanguard International High Dividend Yield ETF accounts for about 0.9% of Verity Asset Management Inc.’s investment portfolio, making the stock its 24th largest position.

A number of other large investors have also added to or reduced their stakes in the stock. First Citizens Bank & Trust Co. grew its position in shares of Vanguard International High Dividend Yield ETF by 8.7% during the 3rd quarter. First Citizens Bank & Trust Co. now owns 80,464 shares of the company’s stock valued at $6,814,000 after acquiring an additional 6,462 shares during the period. Clarity Wealth Advisors LLC grew its position in shares of Vanguard International High Dividend Yield ETF by 23.8% during the 3rd quarter. Clarity Wealth Advisors LLC now owns 127,752 shares of the company’s stock valued at $10,818,000 after acquiring an additional 24,564 shares during the period. Cedar Mountain Advisors LLC grew its position in shares of Vanguard International High Dividend Yield ETF by 9.4% during the 3rd quarter. Cedar Mountain Advisors LLC now owns 137,576 shares of the company’s stock valued at $11,650,000 after acquiring an additional 11,866 shares during the period. Cresset Asset Management LLC grew its position in shares of Vanguard International High Dividend Yield ETF by 108.7% during the 3rd quarter. Cresset Asset Management LLC now owns 19,139 shares of the company’s stock valued at $1,621,000 after acquiring an additional 9,968 shares during the period. Finally, Bay Colony Advisory Group Inc d b a Bay Colony Advisors bought a new stake in shares of Vanguard International High Dividend Yield ETF during the 3rd quarter valued at $708,000.

Vanguard International High Dividend Yield ETF Stock Performance

Shares of VYMI stock traded up $1.09 during mid-day trading on Thursday, reaching $97.97. 170,211 shares of the company’s stock traded hands, compared to its average volume of 1,443,656. Vanguard International High Dividend Yield ETF has a 12 month low of $75.23 and a 12 month high of $101.71. The firm has a 50 day moving average price of $96.56 and a two-hundred day moving average price of $92.37. The firm has a market capitalization of $18.73 billion, a PE ratio of 12.06 and a beta of 0.62.

Vanguard International High Dividend Yield ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 24th. Stockholders of record on Friday, March 20th were given a dividend of $0.708 per share. The ex-dividend date of this dividend was Friday, March 20th. This represents a $2.83 dividend on an annualized basis and a dividend yield of 2.9%.

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.