Short Interest in Vanguard International Dividend Appreciation ETF (NASDAQ:VIGI) Grows By 49.6%

Vanguard International Dividend Appreciation ETF (NASDAQ:VIGI) saw a significant increase in short interest in the month of June. As of June 15th, there was short interest totalling 106,800 shares, an increase of 49.6% from the May 31st total of 71,400 shares. Based on an average daily trading volume, of 231,300 shares, the days-to-cover ratio is presently 0.5 days.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the stock. Paladin Advisory Group LLC boosted its stake in Vanguard International Dividend Appreciation ETF by 6.3% during the fourth quarter. Paladin Advisory Group LLC now owns 3,026 shares of the company’s stock worth $240,000 after acquiring an additional 178 shares in the last quarter. Moseley Investment Management Inc. raised its holdings in shares of Vanguard International Dividend Appreciation ETF by 9.2% in the fourth quarter. Moseley Investment Management Inc. now owns 18,968 shares of the company’s stock valued at $1,505,000 after purchasing an additional 1,595 shares during the last quarter. Financial Perspectives Inc raised its holdings in shares of Vanguard International Dividend Appreciation ETF by 7.6% in the fourth quarter. Financial Perspectives Inc now owns 93,952 shares of the company’s stock valued at $7,454,000 after purchasing an additional 6,632 shares during the last quarter. Commonwealth Equity Services LLC raised its holdings in shares of Vanguard International Dividend Appreciation ETF by 5.5% in the fourth quarter. Commonwealth Equity Services LLC now owns 422,168 shares of the company’s stock valued at $33,495,000 after purchasing an additional 21,851 shares during the last quarter. Finally, Novak & Powell Financial Services Inc. purchased a new stake in shares of Vanguard International Dividend Appreciation ETF in the fourth quarter valued at about $335,000.

Vanguard International Dividend Appreciation ETF Trading Up 0.1 %

NASDAQ VIGI traded up $0.09 on Friday, hitting $81.28. 143,704 shares of the company were exchanged, compared to its average volume of 279,085. The company has a market cap of $6.56 billion, a PE ratio of 20.53 and a beta of 0.77. Vanguard International Dividend Appreciation ETF has a 12 month low of $68.45 and a 12 month high of $82.95. The stock has a fifty day moving average of $80.60 and a 200-day moving average of $80.02.

Vanguard International Dividend Appreciation ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, June 25th. Investors of record on Friday, June 21st were paid a dividend of $0.536 per share. The ex-dividend date of this dividend was Friday, June 21st. This is a positive change from Vanguard International Dividend Appreciation ETF’s previous quarterly dividend of $0.43. This represents a $2.14 annualized dividend and a yield of 2.64%.

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.