Kimelman & Baird LLC Buys Shares of 694 Vanguard International High Dividend Yield ETF (NASDAQ:VYMI)

Kimelman & Baird LLC purchased 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 SEC. The fund purchased 694 shares of the company’s stock, valued at approximately $48,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. Gateway Wealth Partners LLC raised its stake in Vanguard International High Dividend Yield ETF by 4.1% during the second quarter. Gateway Wealth Partners LLC now owns 4,993 shares of the company’s stock valued at $342,000 after buying an additional 198 shares during the last quarter. NewEdge Advisors LLC raised its position in shares of Vanguard International High Dividend Yield ETF by 21.4% in the 2nd quarter. NewEdge Advisors LLC now owns 67,594 shares of the company’s stock worth $4,632,000 after purchasing an additional 11,903 shares during the last quarter. Ascent Group LLC boosted its stake in Vanguard International High Dividend Yield ETF by 12.0% in the 2nd quarter. Ascent Group LLC now owns 19,049 shares of the company’s stock worth $1,305,000 after purchasing an additional 2,034 shares in the last quarter. Arkos Global Advisors grew its position in Vanguard International High Dividend Yield ETF by 0.7% during the 2nd quarter. Arkos Global Advisors now owns 155,396 shares of the company’s stock valued at $10,649,000 after purchasing an additional 1,140 shares during the last quarter. Finally, The Manufacturers Life Insurance Company increased its stake in Vanguard International High Dividend Yield ETF by 1.7% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 802,658 shares of the company’s stock valued at $54,832,000 after purchasing an additional 13,596 shares in the last quarter.

Vanguard International High Dividend Yield ETF Stock Down 0.4 %

Shares of VYMI opened at $73.42 on Tuesday. The firm has a 50 day moving average of $70.86 and a 200 day moving average of $69.83. Vanguard International High Dividend Yield ETF has a twelve month low of $59.20 and a twelve month high of $74.28. The company has a market capitalization of $8.02 billion, a P/E ratio of 9.68 and a beta of 0.81.

Vanguard International High Dividend Yield ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 24th. Investors of record on Friday, September 20th were given a dividend of $0.697 per share. The ex-dividend date of this dividend was Friday, September 20th. This represents a $2.79 annualized dividend and a dividend yield of 3.80%.

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.