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

Shares of Vanguard International High Dividend Yield ETF (NASDAQ:VYMI) reached a new 52-week high during trading on Tuesday . The stock traded as high as $94.66 and last traded at $94.33, with a volume of 1367937 shares trading hands. The stock had previously closed at $93.78.

Vanguard International High Dividend Yield ETF Stock Up 0.6%

The stock has a market cap of $15.64 billion, a price-to-earnings ratio of 12.06 and a beta of 0.69. The company’s 50-day simple moving average is $89.76 and its 200-day simple moving average is $86.05.

Institutional Investors Weigh In On Vanguard International High Dividend Yield ETF

Several hedge funds have recently modified their holdings of the stock. First Citizens Bank & Trust Co. grew its position in Vanguard International High Dividend Yield ETF by 8.7% during the 3rd quarter. First Citizens Bank & Trust Co. now owns 80,464 shares of the company’s stock worth $6,814,000 after purchasing an additional 6,462 shares in the last quarter. Clarity Wealth Advisors LLC boosted its position in shares of Vanguard International High Dividend Yield ETF by 23.8% in the third quarter. Clarity Wealth Advisors LLC now owns 127,752 shares of the company’s stock worth $10,818,000 after buying an additional 24,564 shares during the period. Cedar Mountain Advisors LLC grew its holdings in shares of Vanguard International High Dividend Yield ETF by 9.4% during the third quarter. Cedar Mountain Advisors LLC now owns 137,576 shares of the company’s stock valued at $11,650,000 after buying an additional 11,866 shares in the last quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors purchased a new position in shares of Vanguard International High Dividend Yield ETF during the third quarter valued at $708,000. Finally, Capital Advantage Inc. raised its position in Vanguard International High Dividend Yield ETF by 3.6% during the third quarter. Capital Advantage Inc. now owns 394,226 shares of the company’s stock valued at $33,383,000 after buying an additional 13,670 shares during the period.

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.