Vanguard International High Dividend Yield ETF (NASDAQ:VYMI) Sees Strong Trading Volume – Time to Buy?

Vanguard International High Dividend Yield ETF (NASDAQ:VYMI) shares saw unusually-strong trading volume on Tuesday . Approximately 723,943 shares changed hands during mid-day trading, an increase of 56% from the previous session’s volume of 463,039 shares.The stock last traded at $67.32 and had previously closed at $67.08.

Vanguard International High Dividend Yield ETF Trading Down 0.1 %

The firm’s fifty day moving average price is $69.31 and its 200-day moving average price is $70.47. The company has a market cap of $7.81 billion, a price-to-earnings ratio of 9.68 and a beta of 0.81.

Vanguard International High Dividend Yield ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, December 24th. Shareholders of record on Friday, December 20th were paid a $0.9647 dividend. This represents a $3.86 dividend on an annualized basis and a yield of 5.65%. This is a boost from Vanguard International High Dividend Yield ETF’s previous quarterly dividend of $0.70. The ex-dividend date was Friday, December 20th.

Institutional Investors Weigh In On Vanguard International High Dividend Yield ETF

Several large investors have recently modified their holdings of VYMI. Captrust Financial Advisors grew its position in shares of Vanguard International High Dividend Yield ETF by 34,002.9% in the 3rd quarter. Captrust Financial Advisors now owns 1,744,365 shares of the company’s stock valued at $128,071,000 after purchasing an additional 1,739,250 shares during the period. The Manufacturers Life Insurance Company lifted its stake in Vanguard International High Dividend Yield ETF by 48.4% in the third quarter. The Manufacturers Life Insurance Company now owns 1,191,046 shares of the company’s stock valued at $87,447,000 after buying an additional 388,388 shares in the last quarter. International Assets Investment Management LLC boosted its holdings in shares of Vanguard International High Dividend Yield ETF by 7,680.0% in the third quarter. International Assets Investment Management LLC now owns 370,404 shares of the company’s stock valued at $27,195,000 after buying an additional 365,643 shares during the period. HighTower Advisors LLC boosted its holdings in shares of Vanguard International High Dividend Yield ETF by 59.9% in the third quarter. HighTower Advisors LLC now owns 471,611 shares of the company’s stock valued at $34,624,000 after buying an additional 176,592 shares during the period. Finally, Mercer Global Advisors Inc. ADV increased its position in shares of Vanguard International High Dividend Yield ETF by 47.6% during the second quarter. Mercer Global Advisors Inc. ADV now owns 485,079 shares of the company’s stock worth $33,242,000 after acquiring an additional 156,481 shares in 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.