PNC Financial Services Group Inc. Acquires 38,283 Shares of Vanguard International High Dividend Yield ETF (NASDAQ:VYMI)

PNC Financial Services Group Inc. grew its stake in shares of Vanguard International High Dividend Yield ETF (NASDAQ:VYMI) by 14.3% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 305,592 shares of the company’s stock after purchasing an additional 38,283 shares during the period. PNC Financial Services Group Inc. owned about 0.27% of Vanguard International High Dividend Yield ETF worth $20,744,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently modified their holdings of the company. MN Wealth Advisors LLC grew its holdings in Vanguard International High Dividend Yield ETF by 1.1% during the fourth quarter. MN Wealth Advisors LLC now owns 14,334 shares of the company’s stock worth $973,000 after buying an additional 160 shares in the last quarter. Paragon Financial Partners Inc. grew its stake in shares of Vanguard International High Dividend Yield ETF by 2.7% in the 4th quarter. Paragon Financial Partners Inc. now owns 6,160 shares of the company’s stock worth $418,000 after acquiring an additional 161 shares in the last quarter. Quartz Partners LLC raised its holdings in shares of Vanguard International High Dividend Yield ETF by 4.7% in the fourth quarter. Quartz Partners LLC now owns 3,645 shares of the company’s stock valued at $247,000 after purchasing an additional 163 shares during the last quarter. Heartwood Wealth Advisors LLC lifted its position in shares of Vanguard International High Dividend Yield ETF by 0.3% during the fourth quarter. Heartwood Wealth Advisors LLC now owns 51,196 shares of the company’s stock valued at $3,475,000 after purchasing an additional 164 shares in the last quarter. Finally, Integrated Wealth Concepts LLC lifted its position in shares of Vanguard International High Dividend Yield ETF by 1.2% during the third quarter. Integrated Wealth Concepts LLC now owns 14,612 shares of the company’s stock valued at $1,073,000 after purchasing an additional 169 shares in the last quarter.

Vanguard International High Dividend Yield ETF Stock Performance

Shares of VYMI stock opened at $73.84 on Tuesday. The company has a market capitalization of $8.45 billion, a price-to-earnings ratio of 11.91 and a beta of 0.81. Vanguard International High Dividend Yield ETF has a 52-week low of $65.43 and a 52-week high of $75.03. The company has a 50-day simple moving average of $70.64 and a two-hundred day simple moving average of $70.97.

Vanguard International High Dividend Yield ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, December 24th. Stockholders of record on Friday, December 20th were issued a $0.9647 dividend. The ex-dividend date of this dividend was Friday, December 20th. This is a positive change from Vanguard International High Dividend Yield ETF’s previous quarterly dividend of $0.70. This represents a $3.86 annualized dividend and a dividend yield of 5.23%.

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.