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

Shares of Vanguard International High Dividend Yield ETF (NASDAQ:VYMI) reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as $74.28 and last traded at $74.08, with a volume of 317704 shares. The stock had previously closed at $72.82.

Vanguard International High Dividend Yield ETF Trading Up 1.1 %

The stock has a market capitalization of $8.58 billion, a PE ratio of 11.91 and a beta of 0.81. The stock has a 50 day moving average price of $70.38 and a 200-day moving average price of $70.93.

Vanguard International High Dividend Yield ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, December 24th. Stockholders of record on Friday, December 20th were paid a $0.9647 dividend. This is an increase from Vanguard International High Dividend Yield ETF’s previous quarterly dividend of $0.70. This represents a $3.86 dividend on an annualized basis and a dividend yield of 5.14%. The ex-dividend date was Friday, December 20th.

Hedge Funds Weigh In On Vanguard International High Dividend Yield ETF

Institutional investors and hedge funds have recently modified their holdings of the company. Larson Financial Group LLC boosted its stake in shares of Vanguard International High Dividend Yield ETF by 219.0% in the 4th quarter. Larson Financial Group LLC now owns 386 shares of the company’s stock worth $26,000 after buying an additional 265 shares during the last quarter. New Wave Wealth Advisors LLC purchased a new position in Vanguard International High Dividend Yield ETF during the fourth quarter valued at $27,000. Decker Retirement Planning Inc. purchased a new position in Vanguard International High Dividend Yield ETF during the fourth quarter valued at $27,000. State Farm Mutual Automobile Insurance Co. purchased a new position in Vanguard International High Dividend Yield ETF during the fourth quarter valued at $28,000. Finally, Vermillion Wealth Management Inc. purchased a new position in Vanguard International High Dividend Yield ETF during the fourth quarter valued at $31,000.

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.