Vanguard International High Dividend Yield ETF (NASDAQ:VYMI) Reaches New 12-Month High – Should You Buy?

Shares of Vanguard International High Dividend Yield ETF (NASDAQ:VYMIGet Free Report) hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $104.25 and last traded at $104.25, with a volume of 1191 shares trading hands. The stock had previously closed at $103.56.

Vanguard International High Dividend Yield ETF Trading Up 0.5%

The company has a 50 day moving average of $100.24 and a 200 day moving average of $98.16. The firm has a market cap of $20.73 billion, a price-to-earnings ratio of 12.06 and a beta of 0.61.

Vanguard International High Dividend Yield ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 23rd. Shareholders of record on Thursday, June 18th were issued a $1.2569 dividend. This represents a $5.03 annualized dividend and a dividend yield of 4.8%. This is an increase from Vanguard International High Dividend Yield ETF’s previous quarterly dividend of $0.71. The ex-dividend date was Thursday, June 18th.

Hedge Funds Weigh In On Vanguard International High Dividend Yield ETF

Several institutional investors have recently modified their holdings of VYMI. Bank of America Corp DE raised its holdings in Vanguard International High Dividend Yield ETF by 10.7% during the 1st quarter. Bank of America Corp DE now owns 6,173,258 shares of the company’s stock worth $581,768,000 after buying an additional 596,348 shares during the period. Morgan Stanley boosted its holdings in shares of Vanguard International High Dividend Yield ETF by 3.0% in the fourth quarter. Morgan Stanley now owns 5,616,721 shares of the company’s stock valued at $505,505,000 after buying an additional 165,264 shares during the period. Orgel Wealth Management LLC increased its position in shares of Vanguard International High Dividend Yield ETF by 0.7% during the second quarter. Orgel Wealth Management LLC now owns 3,084,964 shares of the company’s stock worth $302,943,000 after acquiring an additional 20,552 shares in the last quarter. Captrust Financial Advisors increased its position in shares of Vanguard International High Dividend Yield ETF by 4.9% during the fourth quarter. Captrust Financial Advisors now owns 2,563,633 shares of the company’s stock worth $230,727,000 after acquiring an additional 119,392 shares in the last quarter. Finally, LPL Financial LLC raised its holdings in shares of Vanguard International High Dividend Yield ETF by 11.6% during the fourth quarter. LPL Financial LLC now owns 2,227,661 shares of the company’s stock worth $200,490,000 after acquiring an additional 231,082 shares during the period.

About Vanguard International High Dividend Yield ETF

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The Vanguard International High Dividend Yield ETF (VYMI) is an exchange-traded fund that mostly invests in high dividend yield equity. The fund tracks a market-cap-weighted index of developed and emerging market firms (ex-US) that are expected to pay above average dividends over the next 12 months. VYMI was launched on Feb 25, 2016 and is managed by Vanguard.

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