Vanguard International High Dividend Yield ETF (NASDAQ:VYMI) Hits New 12-Month High After Dividend Announcement

Vanguard International High Dividend Yield ETF (NASDAQ:VYMI)’s stock price hit a new 52-week high during mid-day trading on Wednesday following a dividend announcement from the company. The stock traded as high as $72.96 and last traded at $72.72, with a volume of 240583 shares. The stock had previously closed at $72.17.

The newly announced dividend which will be paid on Tuesday, September 24th. Investors of record on Friday, September 20th will be paid a $0.697 dividend. This represents a $2.79 annualized dividend and a dividend yield of 3.87%. The ex-dividend date of this dividend is Friday, September 20th.

Vanguard International High Dividend Yield ETF Trading Down 1.6 %

The business has a 50 day simple moving average of $70.57 and a two-hundred day simple moving average of $69.61. The stock has a market cap of $7.87 billion, a price-to-earnings ratio of 9.68 and a beta of 0.81.

Institutional Investors Weigh In On Vanguard International High Dividend Yield ETF

Several institutional investors and hedge funds have recently made changes to their positions in the company. Abound Wealth Management increased its stake in shares of Vanguard International High Dividend Yield ETF by 2,684.6% in the second quarter. Abound Wealth Management now owns 362 shares of the company’s stock valued at $25,000 after purchasing an additional 349 shares during the period. Peoples Bank KS acquired a new position in Vanguard International High Dividend Yield ETF during the 2nd quarter valued at about $27,000. Adirondack Trust Co. increased its stake in shares of Vanguard International High Dividend Yield ETF by 535.2% during the first quarter. Adirondack Trust Co. now owns 686 shares of the company’s stock valued at $47,000 after acquiring an additional 578 shares during the period. Whittier Trust Co. of Nevada Inc. lifted its position in Vanguard International High Dividend Yield ETF by 142.4% in the first quarter. Whittier Trust Co. of Nevada Inc. now owns 703 shares of the company’s stock worth $48,000 after purchasing an additional 413 shares during the period. Finally, Kimelman & Baird LLC bought a new position in Vanguard International High Dividend Yield ETF during the 2nd quarter valued at $48,000.

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.