Vanguard International High Dividend Yield ETF $VYMI is Pinnacle Financial Group LLC IL’s 6th Largest Position

Pinnacle Financial Group LLC IL increased its stake in Vanguard International High Dividend Yield ETF (NASDAQ:VYMI) by 3.3% during the second quarter, Holdings Channel.com reports. The institutional investor owned 145,616 shares of the company’s stock after buying an additional 4,688 shares during the period. Vanguard International High Dividend Yield ETF comprises 3.9% of Pinnacle Financial Group LLC IL’s investment portfolio, making the stock its 6th biggest holding. Pinnacle Financial Group LLC IL’s holdings in Vanguard International High Dividend Yield ETF were worth $11,665,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Envestnet Asset Management Inc. grew its position in shares of Vanguard International High Dividend Yield ETF by 9.1% during the 2nd quarter. Envestnet Asset Management Inc. now owns 1,905,093 shares of the company’s stock valued at $152,612,000 after acquiring an additional 159,129 shares during the period. The Manufacturers Life Insurance Company raised its stake 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 buying an additional 408,821 shares during the period. LPL Financial LLC raised its stake 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 buying an additional 110,232 shares during the period. Confluence Wealth Services Inc. increased its holdings in Vanguard International High Dividend Yield ETF by 3.4% in the 2nd quarter. Confluence Wealth Services Inc. now owns 1,223,744 shares of the company’s stock worth $98,034,000 after acquiring an additional 40,351 shares during the last quarter. Finally, Royal Bank of Canada increased its holdings in Vanguard International High Dividend Yield ETF by 10.8% in the 1st quarter. Royal Bank of Canada now owns 1,133,755 shares of the company’s stock worth $83,545,000 after acquiring an additional 110,732 shares during the last quarter.

Vanguard International High Dividend Yield ETF Stock Down 0.1%

NASDAQ VYMI opened at $87.56 on Monday. The company has a market cap of $13.17 billion, a PE ratio of 12.06 and a beta of 0.69. Vanguard International High Dividend Yield ETF has a 52 week low of $65.08 and a 52 week high of $88.36. The firm’s 50-day simple moving average is $85.23 and its two-hundred day simple moving average is $82.24.

Vanguard International High Dividend Yield ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 23rd. Investors of record on Friday, September 19th were paid a $0.7001 dividend. This represents a $2.80 dividend on an annualized basis and a yield of 3.2%. The ex-dividend date was Friday, September 19th.

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.