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

Vanguard International High Dividend Yield ETF (NASDAQ:VYMI)’s share price hit a new 52-week high on Tuesday . The stock traded as high as $90.13 and last traded at $89.99, with a volume of 1000497 shares changing hands. The stock had previously closed at $89.37.

Vanguard International High Dividend Yield ETF Price Performance

The stock has a 50-day moving average price of $86.36 and a 200-day moving average price of $83.69. The firm has a market capitalization of $13.53 billion, a PE ratio of 12.06 and a beta of 0.69.

Vanguard International High Dividend Yield ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 23rd. Shareholders of record on Friday, September 19th were issued a dividend of $0.7001 per share. The ex-dividend date was Friday, September 19th. This represents a $2.80 annualized dividend and a yield of 3.1%.

Hedge Funds Weigh In On Vanguard International High Dividend Yield ETF

Several institutional investors and hedge funds have recently made changes to their positions in VYMI. Tull Financial Group Inc. grew its position in shares of Vanguard International High Dividend Yield ETF by 1.2% during the third quarter. Tull Financial Group Inc. now owns 171,683 shares of the company’s stock worth $14,538,000 after buying an additional 1,958 shares in the last quarter. Allworth Financial LP boosted its stake in Vanguard International High Dividend Yield ETF by 0.8% during the 3rd quarter. Allworth Financial LP now owns 18,952 shares of the company’s stock valued at $1,605,000 after acquiring an additional 154 shares during the last quarter. IFP Advisors Inc grew its holdings in Vanguard International High Dividend Yield ETF by 19.2% during the 3rd quarter. IFP Advisors Inc now owns 20,492 shares of the company’s stock worth $1,735,000 after acquiring an additional 3,294 shares in the last quarter. Strategic Point Investment Advisors LLC increased its position in shares of Vanguard International High Dividend Yield ETF by 1.6% in the 3rd quarter. Strategic Point Investment Advisors LLC now owns 247,584 shares of the company’s stock worth $20,965,000 after purchasing an additional 3,792 shares during the last quarter. Finally, Lantern Wealth Advisors LLC acquired a new stake in shares of Vanguard International High Dividend Yield ETF in the 3rd quarter valued at about $245,000.

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.