Massmutual Trust Co. FSB ADV Decreases Stake in Vanguard International High Dividend Yield ETF (NASDAQ:VYMI)

Massmutual Trust Co. FSB ADV reduced its position in Vanguard International High Dividend Yield ETF (NASDAQ:VYMI) by 6.1% in the second quarter, HoldingsChannel.com reports. The institutional investor owned 4,752 shares of the company’s stock after selling 308 shares during the period. Massmutual Trust Co. FSB ADV’s holdings in Vanguard International High Dividend Yield ETF were worth $326,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Bay Harbor Wealth Management LLC purchased a new position in Vanguard International High Dividend Yield ETF in the 1st quarter valued at about $43,000. Adirondack Trust Co. raised its stake in shares of Vanguard International High Dividend Yield ETF by 535.2% in the 1st quarter. Adirondack Trust Co. now owns 686 shares of the company’s stock valued at $47,000 after purchasing an additional 578 shares in the last quarter. Whittier Trust Co. of Nevada Inc. raised its stake in shares of Vanguard International High Dividend Yield ETF by 142.4% in the 1st quarter. Whittier Trust Co. of Nevada Inc. now owns 703 shares of the company’s stock valued at $48,000 after purchasing an additional 413 shares in the last quarter. Baystate Wealth Management LLC acquired a new stake in shares of Vanguard International High Dividend Yield ETF in the 4th quarter valued at about $67,000. Finally, Signature Resources Capital Management LLC acquired a new stake in shares of Vanguard International High Dividend Yield ETF in the 4th quarter valued at about $77,000.

Vanguard International High Dividend Yield ETF Stock Performance

Shares of Vanguard International High Dividend Yield ETF stock traded down $1.81 during trading on Monday, reaching $66.37. The company had a trading volume of 805,528 shares, compared to its average volume of 364,210. The company has a market cap of $7.25 billion, a price-to-earnings ratio of 9.68 and a beta of 0.81. Vanguard International High Dividend Yield ETF has a fifty-two week low of $59.20 and a fifty-two week high of $71.82. The firm’s fifty day moving average is $69.79 and its 200-day moving average is $68.51.

Vanguard International High Dividend Yield ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 25th. Stockholders of record on Friday, June 21st were issued a dividend of $1.009 per share. This represents a $4.04 dividend on an annualized basis and a dividend yield of 6.08%. The ex-dividend date was Friday, June 21st. This is a boost from Vanguard International High Dividend Yield ETF’s previous quarterly dividend of $0.62.

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.