Short Interest in Vanguard International Dividend Appreciation ETF (NASDAQ:VIGI) Increases By 48.1%

Vanguard International Dividend Appreciation ETF (NASDAQ:VIGI) was the target of a large growth in short interest during the month of February. As of February 28th, there was short interest totalling 181,700 shares, a growth of 48.1% from the February 13th total of 122,700 shares. Based on an average trading volume of 309,700 shares, the days-to-cover ratio is presently 0.6 days. Approximately 0.2% of the shares of the stock are sold short.

Vanguard International Dividend Appreciation ETF Trading Up 1.4 %

VIGI stock opened at $84.50 on Friday. The company’s 50 day moving average is $82.83 and its 200 day moving average is $84.00. The stock has a market cap of $7.39 billion, a price-to-earnings ratio of 22.54 and a beta of 0.77. Vanguard International Dividend Appreciation ETF has a 1-year low of $77.28 and a 1-year high of $89.09.

Vanguard International Dividend Appreciation ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, December 24th. Stockholders of record on Friday, December 20th were given a dividend of $0.2619 per share. This represents a $1.05 annualized dividend and a dividend yield of 1.24%. The ex-dividend date of this dividend was Friday, December 20th.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Raymond James Financial Inc. purchased a new position in shares of Vanguard International Dividend Appreciation ETF in the 4th quarter worth about $75,324,000. World Investment Advisors LLC purchased a new position in shares of Vanguard International Dividend Appreciation ETF during the third quarter worth approximately $64,616,000. EP Wealth Advisors LLC lifted its holdings in shares of Vanguard International Dividend Appreciation ETF by 21.1% in the 4th quarter. EP Wealth Advisors LLC now owns 3,757,454 shares of the company’s stock worth $300,559,000 after acquiring an additional 655,933 shares during the last quarter. GEN Financial Management INC. purchased a new stake in shares of Vanguard International Dividend Appreciation ETF in the 4th quarter valued at $25,587,000. Finally, Wealthfront Advisers LLC grew its holdings in shares of Vanguard International Dividend Appreciation ETF by 1,426.4% during the 4th quarter. Wealthfront Advisers LLC now owns 264,900 shares of the company’s stock valued at $21,189,000 after purchasing an additional 247,545 shares during the last quarter.

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.