Compass Financial Management LLC Makes New $3.23 Million Investment in Vanguard International High Dividend Yield ETF $VYMI

Compass Financial Management LLC bought a new position in Vanguard International High Dividend Yield ETF (NASDAQ:VYMI) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 32,104 shares of the company’s stock, valued at approximately $3,225,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. HighTower Advisors LLC raised its holdings in Vanguard International High Dividend Yield ETF by 5.4% in the fourth quarter. HighTower Advisors LLC now owns 784,321 shares of the company’s stock worth $70,589,000 after buying an additional 40,246 shares during the last quarter. Verity Asset Management Inc. bought a new position in shares of Vanguard International High Dividend Yield ETF in the fourth quarter worth approximately $2,195,000. Stuart Investment Advisors Inc. bought a new position in shares of Vanguard International High Dividend Yield ETF in the first quarter worth approximately $566,000. Moran Wealth Management LLC grew its holdings in shares of Vanguard International High Dividend Yield ETF by 42.8% during the first quarter. Moran Wealth Management LLC now owns 132,834 shares of the company’s stock valued at $12,518,000 after buying an additional 39,805 shares during the last quarter. Finally, LPL Financial LLC grew its holdings in shares of Vanguard International High Dividend Yield ETF by 11.6% during the fourth quarter. LPL Financial LLC now owns 2,227,661 shares of the company’s stock valued at $200,490,000 after buying an additional 231,082 shares during the last quarter.

Vanguard International High Dividend Yield ETF Stock Up 1.0%

Shares of VYMI opened at $105.25 on Friday. The company has a market capitalization of $20.94 billion, a P/E ratio of 12.06 and a beta of 0.61. The firm has a 50 day moving average of $101.54 and a 200 day moving average of $99.09. Vanguard International High Dividend Yield ETF has a twelve month low of $82.85 and a twelve month high of $105.38.

Vanguard International High Dividend Yield ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 23rd. Shareholders of record on Thursday, June 18th were issued a $1.2569 dividend. This represents a $5.03 dividend on an annualized basis and a dividend yield of 4.8%. The ex-dividend date of this dividend was Thursday, June 18th. This is a positive change from Vanguard International High Dividend Yield ETF’s previous quarterly dividend of $0.71.

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.