Eastern Bank Takes $29,000 Position in Vanguard International High Dividend Yield ETF (NASDAQ:VYMI)

Eastern Bank acquired a new stake in Vanguard International High Dividend Yield ETF (NASDAQ:VYMI) in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 395 shares of the company’s stock, valued at approximately $29,000.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in VYMI. Abound Wealth Management increased its holdings in Vanguard International High Dividend Yield ETF by 2,684.6% in the second quarter. Abound Wealth Management now owns 362 shares of the company’s stock valued at $25,000 after purchasing an additional 349 shares during the last quarter. Peoples Bank KS bought a new stake in Vanguard International High Dividend Yield ETF in the second quarter valued at about $27,000. Blue Trust Inc. bought a new stake in Vanguard International High Dividend Yield ETF in the third quarter valued at about $44,000. Whittier Trust Co. of Nevada Inc. increased its holdings in Vanguard International High Dividend Yield ETF by 142.4% in the first 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 during the last quarter. Finally, Kimelman & Baird LLC bought a new stake in Vanguard International High Dividend Yield ETF in the second quarter valued at about $48,000.

Vanguard International High Dividend Yield ETF Trading Down 0.3 %

NASDAQ VYMI opened at $71.29 on Friday. The stock has a 50-day simple moving average of $72.21 and a 200 day simple moving average of $70.36. The company has a market capitalization of $7.92 billion, a PE ratio of 9.68 and a beta of 0.81. Vanguard International High Dividend Yield ETF has a 12 month low of $59.20 and a 12 month high of $74.28.

Vanguard International High Dividend Yield ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, September 24th. Shareholders of record on Friday, September 20th were issued a $0.697 dividend. The ex-dividend date of this dividend was Friday, September 20th. This represents a $2.79 annualized dividend and a dividend yield of 3.91%.

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.