Vanguard International High Dividend Yield ETF (NASDAQ:VYMI) Hits New 52-Week High – Time to Buy?

Vanguard International High Dividend Yield ETF (NASDAQ:VYMI)’s share price reached a new 52-week high during trading on Thursday . The company traded as high as $106.02 and last traded at $105.60, with a volume of 838180 shares. The stock had previously closed at $105.91.

Vanguard International High Dividend Yield ETF Price Performance

The stock has a market cap of $20.90 billion, a PE ratio of 12.06 and a beta of 0.61. The company has a 50 day moving average price of $102.05 and a two-hundred day moving average price of $99.39.

Vanguard International High Dividend Yield ETF Increases Dividend

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

Hedge Funds Weigh In On Vanguard International High Dividend Yield ETF

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Bank of America Corp DE grew its stake in shares of Vanguard International High Dividend Yield ETF by 10.7% in the first quarter. Bank of America Corp DE now owns 6,173,258 shares of the company’s stock worth $581,768,000 after acquiring an additional 596,348 shares during the period. Morgan Stanley lifted its position in Vanguard International High Dividend Yield ETF by 3.0% during the fourth quarter. Morgan Stanley now owns 5,616,721 shares of the company’s stock valued at $505,505,000 after purchasing an additional 165,264 shares during the period. Orgel Wealth Management LLC lifted its position in 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 valued at $302,943,000 after purchasing an additional 20,552 shares during the period. Captrust Financial Advisors boosted its holdings in Vanguard International High Dividend Yield ETF by 4.9% in the fourth quarter. Captrust Financial Advisors now owns 2,563,633 shares of the company’s stock worth $230,727,000 after purchasing an additional 119,392 shares during the last quarter. Finally, LPL Financial LLC boosted its holdings in Vanguard International High Dividend Yield ETF by 11.6% in the fourth quarter. LPL Financial LLC now owns 2,227,661 shares of the company’s stock worth $200,490,000 after purchasing an additional 231,082 shares during the last quarter.

About Vanguard International High Dividend Yield ETF

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.