Financial Connections Group Inc. Sells 8,080 Shares of Vanguard International Dividend Appreciation ETF $VIGI

Financial Connections Group Inc. decreased its holdings in Vanguard International Dividend Appreciation ETF (NASDAQ:VIGI) by 9.6% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 76,502 shares of the company’s stock after selling 8,080 shares during the period. Vanguard International Dividend Appreciation ETF accounts for about 2.4% of Financial Connections Group Inc.’s holdings, making the stock its 13th biggest position. Financial Connections Group Inc. owned 0.08% of Vanguard International Dividend Appreciation ETF worth $6,767,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of the business. Morgan Stanley lifted its holdings in Vanguard International Dividend Appreciation ETF by 3.0% during the 4th quarter. Morgan Stanley now owns 6,793,264 shares of the company’s stock worth $621,244,000 after purchasing an additional 200,374 shares in the last quarter. EP Wealth Advisors LLC bought a new stake in shares of Vanguard International Dividend Appreciation ETF during the fourth quarter valued at about $597,457,000. Bank of America Corp DE lifted its holdings in shares of Vanguard International Dividend Appreciation ETF by 2.3% in the third quarter. Bank of America Corp DE now owns 3,834,792 shares of the company’s stock worth $343,482,000 after buying an additional 86,461 shares in the last quarter. Cliftonlarsonallen Wealth Advisors LLC lifted its holdings in shares of Vanguard International Dividend Appreciation ETF by 5.4% in the fourth quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 2,035,841 shares of the company’s stock worth $186,178,000 after buying an additional 105,177 shares in the last quarter. Finally, Wells Fargo & Company MN boosted its position in shares of Vanguard International Dividend Appreciation ETF by 1.5% in the fourth quarter. Wells Fargo & Company MN now owns 1,307,254 shares of the company’s stock valued at $119,548,000 after acquiring an additional 19,307 shares during the period.

Vanguard International Dividend Appreciation ETF Trading Up 0.5%

Shares of NASDAQ:VIGI opened at $94.94 on Friday. The company has a 50 day moving average of $93.56 and a 200 day moving average of $92.59. The stock has a market cap of $8.86 billion, a P/E ratio of 21.41 and a beta of 0.70. Vanguard International Dividend Appreciation ETF has a 12 month low of $85.23 and a 12 month high of $96.60.

Vanguard International Dividend Appreciation ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, June 23rd. Stockholders of record on Thursday, June 18th were given a dividend of $0.5337 per share. This represents a $2.13 dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date 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.