Brown Miller Wealth Management LLC Makes New $205,000 Investment in Vanguard International High Dividend Yield ETF (NASDAQ:VYMI)

Brown Miller Wealth Management LLC purchased a new position in Vanguard International High Dividend Yield ETF (NASDAQ:VYMI) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 3,081 shares of the company’s stock, valued at approximately $205,000.

Several other hedge funds have also added to or reduced their stakes in VYMI. Salem Investment Counselors Inc. purchased a new position in shares of Vanguard International High Dividend Yield ETF in the fourth quarter valued at about $42,000. Tower Research Capital LLC TRC increased its position in shares of Vanguard International High Dividend Yield ETF by 81,200.0% in the third quarter. Tower Research Capital LLC TRC now owns 813 shares of the company’s stock valued at $42,000 after acquiring an additional 812 shares during the period. Financial Gravity Asset Management Inc. increased its position in shares of Vanguard International High Dividend Yield ETF by 1,800.0% in the third quarter. Financial Gravity Asset Management Inc. now owns 855 shares of the company’s stock valued at $53,000 after acquiring an additional 810 shares during the period. Investors Research Corp purchased a new position in shares of Vanguard International High Dividend Yield ETF in the third quarter valued at about $58,000. Finally, Money Concepts Capital Corp purchased a new position in shares of Vanguard International High Dividend Yield ETF in the fourth quarter valued at about $68,000.

Vanguard International High Dividend Yield ETF Stock Performance

Shares of NASDAQ VYMI traded down $0.05 during midday trading on Thursday, hitting $68.80. 287,347 shares of the company traded hands, compared to its average volume of 449,248. Vanguard International High Dividend Yield ETF has a 12-month low of $59.20 and a 12-month high of $69.06. The stock has a 50-day moving average price of $66.91 and a 200 day moving average price of $64.61. The firm has a market cap of $7.26 billion, a P/E ratio of 8.30 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 Wednesday, March 20th. Investors of record on Monday, March 18th were paid a dividend of $0.616 per share. This represents a $2.46 annualized dividend and a yield of 3.58%. The ex-dividend date of this dividend was Friday, March 15th.

Vanguard International High Dividend Yield ETF 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.