Summit Financial Wealth Advisors LLC Has $53.82 Million Holdings in Vanguard International High Dividend Yield ETF $VYMI

Summit Financial Wealth Advisors LLC raised its stake in Vanguard International High Dividend Yield ETF (NASDAQ:VYMI) by 25.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 597,971 shares of the company’s stock after purchasing an additional 121,687 shares during the period. Vanguard International High Dividend Yield ETF accounts for 7.7% of Summit Financial Wealth Advisors LLC’s holdings, making the stock its 2nd biggest holding. Summit Financial Wealth Advisors LLC’s holdings in Vanguard International High Dividend Yield ETF were worth $53,817,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in VYMI. EPG Wealth Management LLC increased its position in shares of Vanguard International High Dividend Yield ETF by 91.4% during the third quarter. EPG Wealth Management LLC now owns 312 shares of the company’s stock worth $26,000 after acquiring an additional 149 shares in the last quarter. Indiana Trust & Investment Management Co bought a new stake in shares of Vanguard International High Dividend Yield ETF during the third quarter worth about $27,000. Game Plan Financial Advisors LLC bought a new stake in shares of Vanguard International High Dividend Yield ETF during the fourth quarter worth about $30,000. Triumph Capital Management bought a new stake in shares of Vanguard International High Dividend Yield ETF during the third quarter worth about $32,000. Finally, Asset Dedication LLC increased its position in shares of Vanguard International High Dividend Yield ETF by 46.1% during the fourth quarter. Asset Dedication LLC now owns 466 shares of the company’s stock worth $42,000 after acquiring an additional 147 shares in the last quarter.

Vanguard International High Dividend Yield ETF Price Performance

NASDAQ:VYMI opened at $99.77 on Tuesday. The firm has a 50-day moving average of $96.82 and a 200-day moving average of $91.78. The company has a market cap of $19.07 billion, a PE ratio of 12.06 and a beta of 0.62. Vanguard International High Dividend Yield ETF has a one year low of $72.32 and a one year high of $101.71.

Vanguard International High Dividend Yield ETF Cuts Dividend

The firm also recently announced 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 annualized dividend and a dividend yield of 2.8%.

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.