Vanguard International Dividend Appreciation ETF (NASDAQ:VIGI) Sees Large Decrease in Short Interest

Vanguard International Dividend Appreciation ETF (NASDAQ:VIGI) saw a large drop in short interest during the month of October. As of October 15th, there was short interest totalling 50,500 shares, a drop of 84.0% from the September 30th total of 315,800 shares. Based on an average daily volume of 189,100 shares, the days-to-cover ratio is currently 0.3 days.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Cliftonlarsonallen Wealth Advisors LLC lifted its stake in Vanguard International Dividend Appreciation ETF by 68.9% in the first quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 1,541,679 shares of the company’s stock valued at $125,693,000 after buying an additional 628,997 shares during the period. International Assets Investment Management LLC raised its position in shares of Vanguard International Dividend Appreciation ETF by 18,871.2% in the 3rd quarter. International Assets Investment Management LLC now owns 442,218 shares of the company’s stock valued at $39,039,000 after acquiring an additional 439,887 shares during the period. EP Wealth Advisors LLC boosted its stake in Vanguard International Dividend Appreciation ETF by 13.5% during the 2nd quarter. EP Wealth Advisors LLC now owns 2,665,667 shares of the company’s stock worth $216,665,000 after acquiring an additional 317,770 shares during the last quarter. Cetera Investment Advisers grew its holdings in Vanguard International Dividend Appreciation ETF by 967.0% during the first quarter. Cetera Investment Advisers now owns 323,034 shares of the company’s stock valued at $26,337,000 after purchasing an additional 292,760 shares during the period. Finally, Bank of Montreal Can increased its stake in Vanguard International Dividend Appreciation ETF by 1,653.9% in the second quarter. Bank of Montreal Can now owns 287,893 shares of the company’s stock valued at $23,429,000 after purchasing an additional 271,479 shares in the last quarter.

Vanguard International Dividend Appreciation ETF Trading Up 0.3 %

Shares of VIGI traded up $0.26 on Friday, reaching $85.28. 15,376 shares of the company’s stock were exchanged, compared to its average volume of 243,148. The business has a 50 day moving average price of $86.85 and a two-hundred day moving average price of $83.19. Vanguard International Dividend Appreciation ETF has a 12 month low of $68.45 and a 12 month high of $89.09. The stock has a market capitalization of $7.24 billion, a P/E ratio of 20.53 and a beta of 0.77.

Vanguard International Dividend Appreciation ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, September 24th. Shareholders of record on Friday, September 20th were given a dividend of $0.312 per share. This represents a $1.25 annualized dividend and a dividend yield of 1.46%. The ex-dividend date of this dividend was Friday, September 20th.

Vanguard International Dividend Appreciation ETF Company Profile

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.