KFG Wealth Management LLC Invests $259,000 in Vanguard International High Dividend Yield ETF (NASDAQ:VYMI)

KFG Wealth Management LLC acquired a new position in Vanguard International High Dividend Yield ETF (NASDAQ:VYMI) in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 3,762 shares of the company’s stock, valued at approximately $259,000.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Morgan Stanley lifted its holdings in Vanguard International High Dividend Yield ETF by 2.2% during the third quarter. Morgan Stanley now owns 4,381,182 shares of the company’s stock worth $271,151,000 after acquiring an additional 95,433 shares during the period. Orgel Wealth Management LLC lifted its holdings in Vanguard International High Dividend Yield ETF by 4.5% during the first quarter. Orgel Wealth Management LLC now owns 2,434,088 shares of the company’s stock worth $167,465,000 after acquiring an additional 105,371 shares during the period. Envestnet Asset Management Inc. lifted its holdings in Vanguard International High Dividend Yield ETF by 0.3% during the fourth quarter. Envestnet Asset Management Inc. now owns 1,584,045 shares of the company’s stock worth $105,323,000 after acquiring an additional 5,146 shares during the period. Ameriprise Financial Inc. lifted its holdings in Vanguard International High Dividend Yield ETF by 19.8% during the third quarter. Ameriprise Financial Inc. now owns 1,103,507 shares of the company’s stock worth $68,330,000 after acquiring an additional 182,300 shares during the period. Finally, Royal Bank of Canada lifted its holdings in Vanguard International High Dividend Yield ETF by 7.1% during the third quarter. Royal Bank of Canada now owns 966,339 shares of the company’s stock worth $59,807,000 after acquiring an additional 63,889 shares during the period.

Vanguard International High Dividend Yield ETF Price Performance

Shares of VYMI opened at $69.67 on Thursday. The firm has a market cap of $7.47 billion, a PE ratio of 9.68 and a beta of 0.81. The stock’s fifty day moving average price is $69.73 and its two-hundred day moving average price is $67.84. Vanguard International High Dividend Yield ETF has a 1 year low of $59.20 and a 1 year high of $71.82.

Vanguard International High Dividend Yield ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, June 25th. Shareholders of record on Friday, June 21st were paid a $1.009 dividend. The ex-dividend date was Friday, June 21st. This is a positive change from Vanguard International High Dividend Yield ETF’s previous quarterly dividend of $0.62. This represents a $4.04 annualized dividend and a dividend yield of 5.79%.

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.