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

Vanguard International High Dividend Yield ETF (NASDAQ:VYMI)’s stock price reached a new 52-week high during trading on Monday . The stock traded as high as $90.34 and last traded at $90.1790, with a volume of 1648 shares traded. The stock had previously closed at $90.33.

Vanguard International High Dividend Yield ETF Price Performance

The firm has a market cap of $13.59 billion, a price-to-earnings ratio of 12.06 and a beta of 0.69. The business’s 50-day moving average price is $87.57 and its two-hundred day moving average price is $84.47.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the company. Bank of America Corp DE boosted its holdings in Vanguard International High Dividend Yield ETF by 14.5% in the second quarter. Bank of America Corp DE now owns 4,532,014 shares of the company’s stock worth $363,060,000 after purchasing an additional 574,038 shares during the period. Captrust Financial Advisors increased its holdings in shares of Vanguard International High Dividend Yield ETF by 22.6% in the 2nd quarter. Captrust Financial Advisors now owns 2,277,509 shares of the company’s stock worth $182,451,000 after acquiring an additional 420,173 shares during the period. Quaker Wealth Management LLC lifted its position in Vanguard International High Dividend Yield ETF by 152.6% in the 2nd quarter. Quaker Wealth Management LLC now owns 98,535 shares of the company’s stock valued at $7,894,000 after purchasing an additional 285,866 shares during the last quarter. NorthRock Partners LLC boosted its stake in Vanguard International High Dividend Yield ETF by 169,385.9% during the 3rd quarter. NorthRock Partners LLC now owns 276,262 shares of the company’s stock valued at $23,394,000 after purchasing an additional 276,099 shares during the period. Finally, Ameriprise Financial Inc. grew its position in Vanguard International High Dividend Yield ETF by 20.4% in the 2nd quarter. Ameriprise Financial Inc. now owns 1,629,960 shares of the company’s stock worth $130,575,000 after purchasing an additional 275,875 shares during the last quarter.

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.