Divergent Planning LLC Acquires $364,000 Stake in Vanguard ETF

Divergent Planning LLC has made a significant move in the investment landscape by acquiring a new position in the Vanguard International High Dividend Yield ETF (NASDAQ: VYMI). During the second quarter, the firm purchased 4,544 shares valued at approximately $364,000, according to data from HoldingsChannel.

Other institutional investors have also been active in modifying their positions in this ETF. For instance, Brighton Jones LLC acquired shares in the fourth quarter worth around $237,000. Meanwhile, Cambridge Investment Research Advisors Inc. expanded its holdings by 28.8% in the first quarter, bringing its total to 141,292 shares valued at $10,412,000. This increase followed an acquisition of an additional 31,586 shares during the last quarter.

5T Wealth LLC also raised its stake in Vanguard by 1.6% in the first quarter, now owning 39,517 shares worth $2,912,000 after adding 624 shares. Similarly, XML Financial LLC boosted its position by 3.0%, owning 8,707 shares valued at $642,000 after acquiring an extra 253 shares. Oppenheimer & Co. Inc. further increased its holdings by 7.6% in the first quarter, now holding 50,570 shares worth $3,727,000 after purchasing an additional 3,575 shares.

Current Market Performance

As of Tuesday, VYMI shares opened at $85.39. The ETF boasts a market capitalization of $12.84 billion and a price-to-earnings ratio of 12.06. Its stock has demonstrated a beta of 0.81, indicating lower volatility compared to the broader market. Over the past fifty days, the simple moving average stands at $84.49, while the 200-day average is $80.29. Over the past year, VYMI has encountered fluctuations, with a low of $65.08 and a high of $86.08.

Overview of Vanguard International High Dividend Yield ETF

The Vanguard International High Dividend Yield ETF, launched on February 25, 2016, primarily invests in high dividend yield equity. This fund tracks a market-cap-weighted index of developed and emerging market firms outside the United States that are expected to deliver above-average dividends over the next 12 months. Managed by Vanguard, the ETF aims to provide investors with a steady income stream through dividends.

Investors interested in the movements of VYMI can access further insights through platforms like HoldingsChannel.com, which features the latest 13F filings and insider trades for the Vanguard International High Dividend Yield ETF. For daily updates on news and analyst ratings regarding VYMI and related companies, individuals can subscribe to MarketBeat.com’s free daily email newsletter.