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

Vanguard International Dividend Appreciation ETF (NASDAQ:VIGI) saw a significant decrease in short interest in the month of June. As of June 15th, there was short interest totaling 163,318 shares, a decrease of 36.7% from the May 31st total of 258,071 shares. Approximately 0.2% of the shares of the company are sold short. Based on an average daily volume of 320,005 shares, the days-to-cover ratio is currently 0.5 days.

Institutional Investors Weigh In On Vanguard International Dividend Appreciation ETF

A number of institutional investors have recently made changes to their positions in the company. EP Wealth Advisors LLC bought a new position in Vanguard International Dividend Appreciation ETF in the 4th quarter valued at approximately $597,457,000. Raymond James Financial Inc. grew its stake in shares of Vanguard International Dividend Appreciation ETF by 25.1% during the second quarter. Raymond James Financial Inc. now owns 1,046,684 shares of the company’s stock worth $94,327,000 after buying an additional 209,820 shares during the last quarter. Bank of America Corp DE increased its holdings in shares of Vanguard International Dividend Appreciation ETF by 5.8% during the second quarter. Bank of America Corp DE now owns 3,748,331 shares of the company’s stock worth $337,800,000 after buying an additional 206,850 shares in the last quarter. Morgan Stanley increased its holdings in shares of Vanguard International Dividend Appreciation ETF by 3.0% during the fourth quarter. Morgan Stanley now owns 6,793,264 shares of the company’s stock worth $621,244,000 after buying an additional 200,374 shares in the last quarter. Finally, Rothschild Wealth LLC lifted its stake in shares of Vanguard International Dividend Appreciation ETF by 3,512.3% in the 4th quarter. Rothschild Wealth LLC now owns 118,049 shares of the company’s stock valued at $10,796,000 after acquiring an additional 114,781 shares during the last quarter.

Vanguard International Dividend Appreciation ETF Stock Performance

Shares of VIGI stock opened at $94.95 on Friday. The company has a market capitalization of $8.90 billion, a price-to-earnings ratio of 21.41 and a beta of 0.70. The company has a 50-day simple moving average of $93.13 and a 200 day simple moving average of $92.45. Vanguard International Dividend Appreciation ETF has a 52 week low of $85.23 and a 52 week high of $96.60.

Vanguard International Dividend Appreciation ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 23rd. Shareholders of record on Thursday, June 18th were issued a $0.5337 dividend. This represents a $2.13 annualized dividend and a yield of 2.2%. The ex-dividend date of this dividend was Thursday, June 18th.

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.