Envestnet Reduces Stake in Vanguard International ETF by 13%

Envestnet Portfolio Solutions Inc. has reduced its stake in the Vanguard International Dividend Appreciation ETF (NASDAQ: VIGI) by 13% during the second quarter of 2023. According to HoldingsChannel, the firm now holds 4,615 shares after selling 689 shares in the recent quarter. As of its latest filing with the U.S. Securities and Exchange Commission, Envestnet’s holdings in VIGI are valued at approximately $416,000.

Multiple institutional investors have also adjusted their positions in VIGI. For instance, BOS Asset Management LLC increased its stake by 2.4% during the same period, bringing its total to 5,333 shares valued at $481,000 after acquiring an additional 123 shares. Similarly, Atria Wealth Solutions Inc. raised its position by 2.0% in the first quarter, now owning 6,485 shares worth $538,000 following the purchase of 126 shares.

Other notable adjustments include McKinley Carter Wealth Services Inc., which lifted its stake by 1.0% to 15,258 shares valued at $1,375,000, and Compass Advisory Group LLC, which increased its holdings by 0.7% to 23,178 shares worth $1,922,000. Additionally, Family CFO Inc. significantly boosted its stake by 29.7% during the second quarter, now owning 677 shares valued at $61,000.

Current Performance of Vanguard International Dividend ETF

As of the latest trading session, VIGI opened at $90.72, reflecting a slight decrease of 0.2%. The ETF has a market capitalization of $9.00 billion, a price-to-earnings (P/E) ratio of 21.41, and a beta of 0.77. Over the past year, the ETF has experienced a low of $74.27 and a high of $91.61. Its fifty-day simple moving average stands at $89.86, while the 200-day moving average is $88.10.

The Vanguard International Dividend Appreciation ETF is designed to track the S&P Global Ex-U.S. Dividend Growers Index, which includes companies from developed and emerging markets outside of the U.S. that have increased their dividends for at least seven consecutive years. Launched on February 25, 2016, VIGI is managed by Vanguard, a notable player in the asset management industry.

To stay updated on current holdings and insider transactions related to VIGI, interested parties can visit HoldingsChannel.com for the latest 13F filings and insights.