Vanguard International High Dividend Yield ETF (NASDAQ:VYMI) Reaches New 52-Week High – Here’s Why

Shares of Vanguard International High Dividend Yield ETF (NASDAQ:VYMI) hit a new 52-week high during trading on Tuesday . The stock traded as high as $102.51 and last traded at $102.22, with a volume of 719348 shares trading hands. The stock had previously closed at $101.64.

Vanguard International High Dividend Yield ETF Stock Down 0.5%

The firm has a market capitalization of $20.28 billion, a PE ratio of 12.06 and a beta of 0.61. The firm’s fifty day simple moving average is $99.94 and its 200-day simple moving average is $97.82.

Vanguard International High Dividend Yield ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, June 23rd. Investors of record on Thursday, June 18th were given a dividend of $1.2569 per share. This represents a $5.03 annualized dividend and a dividend yield of 4.9%. This is an increase 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.

Hedge Funds Weigh In On Vanguard International High Dividend Yield ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Bank of America Corp DE increased its holdings in shares of Vanguard International High Dividend Yield ETF by 10.7% in the 1st quarter. Bank of America Corp DE now owns 6,173,258 shares of the company’s stock worth $581,768,000 after purchasing an additional 596,348 shares in the last quarter. Morgan Stanley lifted its holdings in shares of 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 in the last quarter. Orgel Wealth Management LLC boosted 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 valued at $302,943,000 after buying an additional 20,552 shares during the last quarter. Captrust Financial Advisors boosted 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 valued at $230,727,000 after buying an additional 119,392 shares during the last quarter. Finally, LPL Financial LLC increased its holdings in Vanguard International High Dividend Yield ETF by 11.6% in the 4th quarter. LPL Financial LLC now owns 2,227,661 shares of the company’s stock worth $200,490,000 after buying an additional 231,082 shares in the last quarter.

Vanguard International High Dividend Yield ETF Company Profile

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.