Meridian Wealth Management LLC Boosts Stock Position in Vanguard International High Dividend Yield ETF $VYMI

Meridian Wealth Management LLC grew its stake in shares of Vanguard International High Dividend Yield ETF (NASDAQ:VYMI) by 290.8% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 21,684 shares of the company’s stock after buying an additional 16,135 shares during the period. Meridian Wealth Management LLC’s holdings in Vanguard International High Dividend Yield ETF were worth $1,952,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. EPG Wealth Management LLC increased its stake in Vanguard International High Dividend Yield ETF by 91.4% in the 3rd quarter. EPG Wealth Management LLC now owns 312 shares of the company’s stock worth $26,000 after buying an additional 149 shares in the last quarter. Game Plan Financial Advisors LLC bought a new stake in Vanguard International High Dividend Yield ETF during the fourth quarter valued at about $30,000. Triumph Capital Management bought a new stake in Vanguard International High Dividend Yield ETF during the third quarter valued at about $32,000. Asset Dedication LLC raised its holdings in Vanguard International High Dividend Yield ETF by 46.1% during the fourth quarter. Asset Dedication LLC now owns 466 shares of the company’s stock valued at $42,000 after acquiring an additional 147 shares during the period. Finally, Steigerwald Gordon & Koch Inc. raised its holdings in Vanguard International High Dividend Yield ETF by 392.0% during the fourth quarter. Steigerwald Gordon & Koch Inc. now owns 492 shares of the company’s stock valued at $44,000 after acquiring an additional 392 shares during the period.

Vanguard International High Dividend Yield ETF Trading Down 0.5%

NASDAQ:VYMI opened at $99.41 on Wednesday. The stock has a 50-day moving average price of $96.37 and a 200 day moving average price of $93.15. The stock has a market capitalization of $19.00 billion, a P/E ratio of 12.06 and a beta of 0.61. Vanguard International High Dividend Yield ETF has a 12-month low of $76.81 and a 12-month high of $101.71.

Vanguard International High Dividend Yield ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 24th. Investors of record on Friday, March 20th were issued a $0.708 dividend. The ex-dividend date of this dividend was Friday, March 20th. This represents a $2.83 dividend on an annualized basis and a yield of 2.8%.

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.