Northwestern Mutual Wealth Management Co. Decreases Stock Position in Vanguard International High Dividend Yield ETF (NASDAQ:VYMI)

Northwestern Mutual Wealth Management Co. trimmed its position in shares of Vanguard International High Dividend Yield ETF (NASDAQ:VYMI) by 0.9% in the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 126,303 shares of the company’s stock after selling 1,181 shares during the quarter. Northwestern Mutual Wealth Management Co. owned approximately 0.12% of Vanguard International High Dividend Yield ETF worth $8,656,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. OLD Mission Capital LLC lifted its stake in shares of Vanguard International High Dividend Yield ETF by 137.8% in the first quarter. OLD Mission Capital LLC now owns 451,508 shares of the company’s stock worth $31,064,000 after buying an additional 261,660 shares in the last quarter. Envestnet Asset Management Inc. raised its position in Vanguard International High Dividend Yield ETF by 15.0% in the second quarter. Envestnet Asset Management Inc. now owns 1,805,785 shares of the company’s stock valued at $123,750,000 after purchasing an additional 235,522 shares during the period. Mercer Global Advisors Inc. ADV raised its holdings in shares of Vanguard International High Dividend Yield ETF by 47.6% in the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 485,079 shares of the company’s stock valued at $33,242,000 after buying an additional 156,481 shares during the period. Drucker Wealth 3.0 LLC purchased a new position in shares of Vanguard International High Dividend Yield ETF in the second quarter valued at approximately $9,802,000. Finally, MGO One Seven LLC purchased a new position in Vanguard International High Dividend Yield ETF in the 2nd quarter valued at approximately $8,674,000.

Vanguard International High Dividend Yield ETF Stock Performance

Shares of VYMI opened at $73.11 on Wednesday. The stock has a 50-day simple moving average of $70.91 and a 200-day simple moving average of $69.87. The stock has a market capitalization of $8.00 billion, a PE ratio of 9.68 and a beta of 0.81. Vanguard International High Dividend Yield ETF has a 1 year low of $59.20 and a 1 year high of $74.28.

Vanguard International High Dividend Yield ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 24th. Stockholders 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 3.81%.

Vanguard International High Dividend Yield ETF Company 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.