Advisors Preferred LLC Reduces Stake in Vanguard International ETF

Advisors Preferred LLC has reduced its holdings in the Vanguard International Dividend Appreciation ETF (NASDAQ: VIGI) by 32.2% during the first quarter of the year. According to a report from Holdings Channel, the firm sold 22,010 shares, leaving it with a total of 46,310 shares valued at approximately $3.84 million as of its latest filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also adjusted their positions in VIGI recently. Notably, EP Wealth Advisors LLC increased its stake by 21.1% in the fourth quarter, now owning 3,757,454 shares valued at $300.56 million after acquiring an additional 655,933 shares. Similarly, Bank of New York Mellon Corp expanded its holdings by 29.0% in the first quarter, bringing its total to 1,876,071 shares, valued at $155.60 million following the purchase of 422,071 shares.

Wells Fargo & Company MN and LPL Financial LLC also reported increases in their holdings during the fourth quarter. Wells Fargo now owns 1,091,195 shares worth $87.29 million after buying an additional 51,301 shares, while LPL Financial’s position has grown to 1,051,869 shares, valued at $84.14 million after acquiring 44,671 shares. Envestnet Asset Management Inc. grew its stake by 4.3% in the first quarter, owning 790,067 shares worth $65.53 million after adding 32,470 shares.

Vanguard ETF Market Performance

On Wednesday, shares of Vanguard International Dividend Appreciation ETF opened at $88.97. The ETF has a market capitalization of $8.31 billion, a price-to-earnings (P/E) ratio of 21.41, and a beta of 0.77. Over the past twelve months, the stock has seen a low of $74.27 and a high of $91.19. Its 50-day simple moving average stands at $89.12, while the 200-day simple moving average is at $85.11.

Vanguard International Dividend Appreciation ETF, launched on February 25, 2016, is designed to track the S&P Global Ex-U.S. Dividend Growers Index. This index comprises developed and emerging market companies outside the United States that have consistently increased their annual dividends for a minimum of seven consecutive years.

VIGI’s focus on dividend growth from international companies positions it as an attractive option for investors seeking income and potential capital appreciation in a diversified manner. As institutional interest shifts, VIGI remains a significant player in the global ETF landscape, reflecting broader trends in dividend growth investing.

For those interested in tracking hedge fund activities regarding VIGI, HoldingsChannel.com provides updates on the latest 13F filings and insider trades related to the ETF.