PNC Financial Services Group Inc. Raises Holdings in Vanguard International High Dividend Yield ETF $VYMI

PNC Financial Services Group Inc. increased its stake in shares of Vanguard International High Dividend Yield ETF (NASDAQ:VYMI) by 15.8% in the 4th quarter, HoldingsChannel reports. The firm owned 535,056 shares of the company’s stock after buying an additional 73,114 shares during the quarter. PNC Financial Services Group Inc.’s holdings in Vanguard International High Dividend Yield ETF were worth $48,155,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of VYMI. Wealth Management Associates Inc. grew its holdings in Vanguard International High Dividend Yield ETF by 3.3% during the 4th quarter. Wealth Management Associates Inc. now owns 3,555 shares of the company’s stock valued at $320,000 after buying an additional 115 shares during the last quarter. Meridian Financial Advisors LLC lifted its position in shares of Vanguard International High Dividend Yield ETF by 1.2% in the fourth quarter. Meridian Financial Advisors LLC now owns 9,746 shares of the company’s stock valued at $877,000 after acquiring an additional 118 shares in the last quarter. Parallel Advisors LLC lifted its position in shares of Vanguard International High Dividend Yield ETF by 8.7% in the third quarter. Parallel Advisors LLC now owns 1,468 shares of the company’s stock valued at $124,000 after acquiring an additional 118 shares in the last quarter. Stratos Wealth Partners LTD. boosted its stake in shares of Vanguard International High Dividend Yield ETF by 0.7% during the third quarter. Stratos Wealth Partners LTD. now owns 17,196 shares of the company’s stock valued at $1,456,000 after acquiring an additional 122 shares during the last quarter. Finally, Zhang Financial LLC boosted its stake in shares of Vanguard International High Dividend Yield ETF by 0.3% during the third quarter. Zhang Financial LLC now owns 50,068 shares of the company’s stock valued at $4,240,000 after acquiring an additional 126 shares during the last quarter.

Vanguard International High Dividend Yield ETF Trading Up 0.3%

Vanguard International High Dividend Yield ETF stock opened at $100.15 on Friday. The stock has a 50-day moving average price of $96.81 and a 200 day moving average price of $93.82. Vanguard International High Dividend Yield ETF has a 52 week low of $77.46 and a 52 week high of $101.71. The stock has a market cap of $19.14 billion, a PE ratio of 12.06 and a beta of 0.61.

Vanguard International High Dividend Yield ETF Cuts Dividend

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

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.