Vanguard International High Dividend Yield ETF (NASDAQ:VYMI) Announces Dividend Increase – $0.94 Per Share

Vanguard International High Dividend Yield ETF (NASDAQ:VYMI) declared a quarterly dividend on Wednesday, December 17th. Shareholders of record on Friday, December 19th will be given a dividend of 0.9385 per share on Tuesday, December 23rd. This represents a c) dividend on an annualized basis and a yield of 4.2%. The ex-dividend date is Friday, December 19th. This is a 34.1% increase from Vanguard International High Dividend Yield ETF’s previous quarterly dividend of $0.70.

Vanguard International High Dividend Yield ETF Trading Down 0.5%

Shares of VYMI stock traded down $0.42 during trading hours on Friday, reaching $89.21. The company’s stock had a trading volume of 1,199,011 shares, compared to its average volume of 819,369. The stock has a market capitalization of $13.42 billion, a P/E ratio of 12.06 and a beta of 0.69. Vanguard International High Dividend Yield ETF has a one year low of $65.08 and a one year high of $90.13. The firm’s fifty day simple moving average is $86.64 and its 200 day simple moving average is $83.84.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in VYMI. EPG Wealth Management LLC boosted its stake in shares of Vanguard International High Dividend Yield ETF by 91.4% during the 3rd quarter. EPG Wealth Management LLC now owns 312 shares of the company’s stock valued at $26,000 after purchasing an additional 149 shares in the last quarter. Indiana Trust & Investment Management Co purchased a new stake in Vanguard International High Dividend Yield ETF in the third quarter worth about $27,000. N.E.W. Advisory Services LLC purchased a new stake in Vanguard International High Dividend Yield ETF in the second quarter worth about $28,000. Iron Horse Wealth Management LLC grew its holdings in shares of Vanguard International High Dividend Yield ETF by 60.0% during the 2nd quarter. Iron Horse Wealth Management LLC now owns 400 shares of the company’s stock worth $32,000 after acquiring an additional 150 shares during the period. Finally, Triumph Capital Management purchased a new position in shares of Vanguard International High Dividend Yield ETF during the 3rd quarter worth approximately $32,000.

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.