Vanguard International High Dividend Yield ETF (NASDAQ:VYMI) Sets New 12-Month High – Still a Buy?

Vanguard International High Dividend Yield ETF (NASDAQ:VYMI)’s stock price hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as $101.71 and last traded at $101.60, with a volume of 1208945 shares traded. The stock had previously closed at $100.58.

Vanguard International High Dividend Yield ETF Stock Down 0.3%

The business’s fifty day moving average is $94.95 and its 200-day moving average is $88.91. The company has a market cap of $16.76 billion, a PE ratio of 12.06 and a beta of 0.69.

Institutional Investors Weigh In On Vanguard International High Dividend Yield ETF

Several hedge funds and other institutional investors have recently modified their holdings of VYMI. Morgan Stanley increased its position in Vanguard International High Dividend Yield ETF by 3.0% in the fourth quarter. Morgan Stanley now owns 5,616,721 shares of the company’s stock worth $505,505,000 after buying an additional 165,264 shares in the last quarter. Bank of America Corp DE raised its stake in Vanguard International High Dividend Yield ETF by 11.9% during the 3rd quarter. Bank of America Corp DE now owns 5,069,126 shares of the company’s stock worth $429,254,000 after acquiring an additional 537,112 shares during the period. Captrust Financial Advisors lifted its holdings in 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 purchasing an additional 119,392 shares in the last quarter. LPL Financial LLC boosted its position in shares of Vanguard International High Dividend Yield ETF by 11.6% in the fourth quarter. LPL Financial LLC now owns 2,227,661 shares of the company’s stock worth $200,490,000 after purchasing an additional 231,082 shares during the period. Finally, Wells Fargo & Company MN increased its stake in shares of Vanguard International High Dividend Yield ETF by 5.8% in the fourth quarter. Wells Fargo & Company MN now owns 2,192,049 shares of the company’s stock worth $197,284,000 after purchasing an additional 119,705 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.