ADG Wealth Management Group LLC Takes Position in Vanguard International High Dividend Yield ETF (NASDAQ:VYMI)

ADG Wealth Management Group LLC acquired a new stake in Vanguard International High Dividend Yield ETF (NASDAQ:VYMI) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor acquired 93,490 shares of the company’s stock, valued at approximately $6,346,000. Vanguard International High Dividend Yield ETF comprises about 5.6% of ADG Wealth Management Group LLC’s holdings, making the stock its 9th biggest holding.

Other large investors have also added to or reduced their stakes in the company. Decker Retirement Planning Inc. bought a new stake in Vanguard International High Dividend Yield ETF in the 4th quarter valued at $27,000. New Wave Wealth Advisors LLC bought a new stake in Vanguard International High Dividend Yield ETF in the 4th quarter valued at $27,000. Blue Trust Inc. bought a new stake in Vanguard International High Dividend Yield ETF in the 3rd quarter valued at $44,000. Golden State Wealth Management LLC bought a new stake in Vanguard International High Dividend Yield ETF in the 4th quarter valued at $52,000. Finally, Kentucky Trust Co bought a new stake in Vanguard International High Dividend Yield ETF in the 4th quarter valued at $54,000.

Vanguard International High Dividend Yield ETF Price Performance

VYMI stock opened at $72.37 on Friday. The stock has a market capitalization of $8.28 billion, a price-to-earnings ratio of 11.91 and a beta of 0.81. The business’s fifty day moving average price is $69.92 and its two-hundred day moving average price is $70.83. Vanguard International High Dividend Yield ETF has a fifty-two week low of $65.43 and a fifty-two week high of $74.28.

Vanguard International High Dividend Yield ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, December 24th. Investors of record on Friday, December 20th were given a $0.9647 dividend. The ex-dividend date was Friday, December 20th. This represents a $3.86 dividend on an annualized basis and a dividend yield of 5.33%. This is a boost from Vanguard International High Dividend Yield ETF’s previous quarterly dividend of $0.70.

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.