Vanguard International High Dividend Yield ETF (NASDAQ:VYMI) Sets New 12-Month High – Here’s Why

Shares of Vanguard International High Dividend Yield ETF (NASDAQ:VYMI) hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as $106.50 and last traded at $106.7920, with a volume of 1508 shares traded. The stock had previously closed at $105.85.

Vanguard International High Dividend Yield ETF Price Performance

The business’s 50-day moving average is $102.46 and its two-hundred day moving average is $99.52. The firm has a market cap of $21.26 billion, a P/E ratio of 12.06 and a beta of 0.61.

Vanguard International High Dividend Yield ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 23rd. Investors of record on Thursday, June 18th were issued a dividend of $1.2569 per share. This represents a $5.03 dividend on an annualized basis and a dividend yield of 4.7%. The ex-dividend date of this dividend was Thursday, June 18th. This is a boost from Vanguard International High Dividend Yield ETF’s previous quarterly dividend of $0.71.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in VYMI. Brighton Jones LLC bought a new position in shares of Vanguard International High Dividend Yield ETF in the 4th quarter valued at $237,000. Russell Investments Group Ltd. bought a new position in Vanguard International High Dividend Yield ETF during the second quarter worth $96,000. Brown Advisory Inc. acquired a new stake in Vanguard International High Dividend Yield ETF during the second quarter worth approximately $374,000. Cerity Partners LLC raised its stake in Vanguard International High Dividend Yield ETF by 1.1% during the 2nd quarter. Cerity Partners LLC now owns 35,988 shares of the company’s stock worth $2,883,000 after buying an additional 376 shares during the period. Finally, Squarepoint Ops LLC bought a new stake in Vanguard International High Dividend Yield ETF during the 2nd quarter valued at $1,071,000.

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.