Keudell Morrison Wealth Management Decreases Stock Holdings in Vanguard International High Dividend Yield ETF $VYMI

Keudell Morrison Wealth Management trimmed its position in shares of Vanguard International High Dividend Yield ETF (NASDAQ:VYMI) by 7.5% in the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 7,013 shares of the company’s stock after selling 568 shares during the period. Keudell Morrison Wealth Management’s holdings in Vanguard International High Dividend Yield ETF were worth $562,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Olde Wealth Management LLC purchased a new stake in shares of Vanguard International High Dividend Yield ETF during the first quarter valued at about $28,000. Sound Income Strategies LLC lifted its position in shares of Vanguard International High Dividend Yield ETF by 4,400.0% during the first quarter. Sound Income Strategies LLC now owns 405 shares of the company’s stock valued at $30,000 after buying an additional 396 shares during the last quarter. Iron Horse Wealth Management LLC lifted its position in shares of Vanguard International High Dividend Yield ETF by 60.0% during the second quarter. Iron Horse Wealth Management LLC now owns 400 shares of the company’s stock valued at $32,000 after buying an additional 150 shares during the last quarter. MJT & Associates Financial Advisory Group Inc. purchased a new stake in shares of Vanguard International High Dividend Yield ETF during the second quarter valued at about $39,000. Finally, TFC Financial Management Inc. purchased a new stake in shares of Vanguard International High Dividend Yield ETF during the first quarter valued at about $42,000.

Vanguard International High Dividend Yield ETF Stock Performance

VYMI stock opened at $85.39 on Friday. The firm has a market cap of $12.39 billion, a price-to-earnings ratio of 12.06 and a beta of 0.81. The firm has a 50-day simple moving average of $83.79 and a two-hundred day simple moving average of $79.43. Vanguard International High Dividend Yield ETF has a one year low of $65.08 and a one year high of $86.08.

Vanguard International High Dividend Yield ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 23rd. Investors of record on Friday, September 19th were given a $0.7001 dividend. This represents a $2.80 annualized dividend and a dividend yield of 3.3%. The ex-dividend date of this dividend was Friday, September 19th.

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.