Mountain Capital Investment Advisors Inc. Decreases Stake in Vanguard International High Dividend Yield ETF $VYMI

Mountain Capital Investment Advisors Inc. decreased its holdings in Vanguard International High Dividend Yield ETF (NASDAQ:VYMI) by 6.0% in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 33,302 shares of the company’s stock after selling 2,140 shares during the quarter. Vanguard International High Dividend Yield ETF comprises approximately 0.5% of Mountain Capital Investment Advisors Inc.’s portfolio, making the stock its 13th biggest holding. Mountain Capital Investment Advisors Inc.’s holdings in Vanguard International High Dividend Yield ETF were worth $2,676,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of VYMI. Envestnet Asset Management Inc. grew its stake in Vanguard International High Dividend Yield ETF by 2.3% in the 1st quarter. Envestnet Asset Management Inc. now owns 1,745,964 shares of the company’s stock valued at $128,660,000 after acquiring an additional 39,917 shares during the last quarter. The Manufacturers Life Insurance Company lifted its holdings in shares of Vanguard International High Dividend Yield ETF by 30.7% in the first quarter. The Manufacturers Life Insurance Company now owns 1,741,013 shares of the company’s stock valued at $128,295,000 after purchasing an additional 408,821 shares in the last quarter. LPL Financial LLC grew its position in shares of Vanguard International High Dividend Yield ETF by 8.1% in the first quarter. LPL Financial LLC now owns 1,472,896 shares of the company’s stock valued at $108,538,000 after purchasing an additional 110,232 shares during the last quarter. Confluence Wealth Services Inc. increased its stake in shares of Vanguard International High Dividend Yield ETF by 3.4% during the 2nd quarter. Confluence Wealth Services Inc. now owns 1,223,744 shares of the company’s stock worth $98,034,000 after purchasing an additional 40,351 shares in the last quarter. Finally, Royal Bank of Canada raised its position in shares of Vanguard International High Dividend Yield ETF by 10.8% during the 1st quarter. Royal Bank of Canada now owns 1,133,755 shares of the company’s stock worth $83,545,000 after purchasing an additional 110,732 shares during the last quarter.

Vanguard International High Dividend Yield ETF Stock Performance

Vanguard International High Dividend Yield ETF stock opened at $84.87 on Monday. Vanguard International High Dividend Yield ETF has a fifty-two week low of $65.08 and a fifty-two week high of $86.08. The company has a market capitalization of $12.76 billion, a price-to-earnings ratio of 12.06 and a beta of 0.81. The stock has a fifty day moving average of $84.44 and a two-hundred day moving average of $80.17.

Vanguard International High Dividend Yield ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 23rd. Shareholders of record on Friday, September 19th were issued a $0.7001 dividend. The ex-dividend date was Friday, September 19th. This represents a $2.80 annualized dividend and a yield of 3.3%.

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.