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

Shares of Vanguard International High Dividend Yield ETF (NASDAQ:VYMI) reached a new 52-week high during trading on Wednesday after the company announced a dividend. The company traded as high as $72.96 and last traded at $72.72, with a volume of 240583 shares changing hands. 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 issued a $0.697 dividend. This represents a $2.79 dividend on an annualized basis and a dividend yield of 3.87%. The ex-dividend date is Friday, September 20th.

Vanguard International High Dividend Yield ETF Trading Down 1.6 %

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

Institutional Trading of Vanguard International High Dividend Yield ETF

Institutional investors have recently bought and sold shares of the company. OLD Mission Capital LLC boosted its stake in shares of Vanguard International High Dividend Yield ETF by 137.8% during the 1st quarter. OLD Mission Capital LLC now owns 451,508 shares of the company’s stock worth $31,064,000 after acquiring an additional 261,660 shares in the last quarter. Envestnet Asset Management Inc. raised its position in Vanguard International High Dividend Yield ETF by 15.0% in the 2nd quarter. Envestnet Asset Management Inc. now owns 1,805,785 shares of the company’s stock valued at $123,750,000 after purchasing an additional 235,522 shares during the last quarter. Mercer Global Advisors Inc. ADV raised its holdings in shares of Vanguard International High Dividend Yield ETF by 47.6% in the second quarter. Mercer Global Advisors Inc. ADV now owns 485,079 shares of the company’s stock valued at $33,242,000 after buying an additional 156,481 shares during the last quarter. Sanctuary Advisors LLC acquired a new position in shares of Vanguard International High Dividend Yield ETF during the second quarter worth approximately $10,461,000. Finally, Drucker Wealth 3.0 LLC acquired a new position in Vanguard International High Dividend Yield ETF during the 2nd quarter worth $9,802,000.

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.