Vanguard International High Dividend Yield ETF (NASDAQ:VYMI) Reaches New 52-Week High – Here’s Why

Vanguard International High Dividend Yield ETF (NASDAQ:VYMI) reached a new 52-week high during trading on Thursday . The stock traded as high as $88.43 and last traded at $88.5550, with a volume of 954 shares. The stock had previously closed at $88.21.

Vanguard International High Dividend Yield ETF Stock Performance

The stock’s 50-day simple moving average is $85.68 and its 200 day simple moving average is $83.10. The company has a market capitalization of $13.32 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 announced a quarterly dividend, which was paid on Tuesday, September 23rd. Investors of record on Friday, September 19th were issued a $0.7001 dividend. This represents a $2.80 annualized dividend and a yield of 3.2%. The ex-dividend date of this dividend was Friday, September 19th.

Institutional Investors Weigh In On Vanguard International High Dividend Yield ETF

Institutional investors have recently added to or reduced their stakes in the business. Brighton Jones LLC purchased a new position in Vanguard International High Dividend Yield ETF during the 4th quarter worth approximately $237,000. Natixis Advisors LLC boosted its holdings in shares of Vanguard International High Dividend Yield ETF by 15.8% in the first quarter. Natixis Advisors LLC now owns 64,113 shares of the company’s stock valued at $4,724,000 after acquiring an additional 8,733 shares during the period. Harbour Investments Inc. boosted its holdings in shares of Vanguard International High Dividend Yield ETF by 6.6% in the first quarter. Harbour Investments Inc. now owns 3,308 shares of the company’s stock valued at $244,000 after acquiring an additional 205 shares during the period. US Bancorp DE grew its position in shares of Vanguard International High Dividend Yield ETF by 114.5% during the first quarter. US Bancorp DE now owns 23,551 shares of the company’s stock worth $1,735,000 after acquiring an additional 12,570 shares during the last quarter. Finally, Blair William & Co. IL increased its holdings in shares of Vanguard International High Dividend Yield ETF by 7.9% in the 1st quarter. Blair William & Co. IL now owns 17,098 shares of the company’s stock valued at $1,260,000 after acquiring an additional 1,259 shares during the period.

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.