Short Interest in Vanguard International Dividend Appreciation ETF (NASDAQ:VIGI) Increases By 65.7%

Vanguard International Dividend Appreciation ETF (NASDAQ:VIGI) saw a large growth in short interest during the month of May. As of May 15th, there was short interest totaling 395,819 shares, a growth of 65.7% from the April 30th total of 238,919 shares. Approximately 0.4% of the company’s shares are sold short. Based on an average trading volume of 254,629 shares, the short-interest ratio is currently 1.6 days.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of VIGI. ORG Partners LLC grew its holdings in Vanguard International Dividend Appreciation ETF by 36.3% in the fourth quarter. ORG Partners LLC now owns 402 shares of the company’s stock valued at $37,000 after purchasing an additional 107 shares during the period. Stratos Wealth Advisors LLC grew its stake in shares of Vanguard International Dividend Appreciation ETF by 5.0% during the 4th quarter. Stratos Wealth Advisors LLC now owns 2,414 shares of the company’s stock valued at $221,000 after buying an additional 116 shares during the period. Formidable Asset Management LLC increased its holdings in shares of Vanguard International Dividend Appreciation ETF by 0.9% during the 1st quarter. Formidable Asset Management LLC now owns 13,549 shares of the company’s stock worth $1,239,000 after buying an additional 116 shares during the last quarter. Andina Capital Management LLC increased its holdings in shares of Vanguard International Dividend Appreciation ETF by 2.3% during the 4th quarter. Andina Capital Management LLC now owns 5,193 shares of the company’s stock worth $475,000 after buying an additional 117 shares during the last quarter. Finally, TBH Global Asset Management LLC raised its position in shares of Vanguard International Dividend Appreciation ETF by 0.7% in the 4th quarter. TBH Global Asset Management LLC now owns 17,621 shares of the company’s stock worth $1,611,000 after buying an additional 129 shares during the period.

Vanguard International Dividend Appreciation ETF Stock Down 0.7%

Shares of VIGI stock traded down $0.68 during mid-day trading on Wednesday, hitting $93.47. 160,662 shares of the company’s stock were exchanged, compared to its average volume of 420,522. Vanguard International Dividend Appreciation ETF has a fifty-two week low of $85.23 and a fifty-two week high of $96.60. The stock has a 50-day simple moving average of $91.41 and a two-hundred day simple moving average of $91.93. The stock has a market cap of $8.90 billion, a price-to-earnings ratio of 21.41 and a beta of 0.70.

Vanguard International Dividend Appreciation ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 24th. Shareholders of record on Friday, March 20th were paid a $0.5646 dividend. This represents a $2.26 dividend on an annualized basis and a yield of 2.4%. The ex-dividend date of this dividend was Friday, March 20th. This is a positive change from Vanguard International Dividend Appreciation ETF’s previous quarterly dividend of $0.53.

About Vanguard International Dividend Appreciation ETF

The Vanguard International Dividend Appreciation ETF (VIGI) is an exchange-traded fund that is based on the S&P Global Ex-U.S. Dividend Growers index, a market-cap-weighted index of developed and emerging market firms (ex-US) that have increased their annual dividends for seven consecutive years. VIGI was launched on Feb 25, 2016 and is managed by Vanguard.