Vanguard International High Dividend Yield ETF (NASDAQ:VYMI) Sees Unusually-High Trading Volume – Still a Buy?

Shares of Vanguard International High Dividend Yield ETF (NASDAQ:VYMI) saw unusually-high trading volume on Tuesday . Approximately 389,022 shares were traded during trading, an increase of 8% from the previous session’s volume of 360,711 shares.The stock last traded at $67.88 and had previously closed at $67.62.

Vanguard International High Dividend Yield ETF Price Performance

The firm has a market capitalization of $7.54 billion, a PE ratio of 9.68 and a beta of 0.81. The company has a 50-day moving average price of $70.57 and a 200 day moving average price of $70.62.

Vanguard International High Dividend Yield ETF Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, December 24th. Investors of record on Friday, December 20th will be issued a $0.9647 dividend. The ex-dividend date of this dividend is Friday, December 20th. This is a boost 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 yield of 5.68%.

Institutional Investors Weigh In On Vanguard International High Dividend Yield ETF

Institutional investors have recently added to or reduced their stakes in the stock. Orgel Wealth Management LLC lifted its position in shares of Vanguard International High Dividend Yield ETF by 2.5% in the third quarter. Orgel Wealth Management LLC now owns 2,513,878 shares of the company’s stock worth $184,569,000 after buying an additional 60,870 shares in the last quarter. Envestnet Asset Management Inc. boosted its position in shares of Vanguard International High Dividend Yield ETF by 15.0% during the 2nd quarter. Envestnet Asset Management Inc. now owns 1,805,785 shares of the company’s stock valued at $123,750,000 after acquiring an additional 235,522 shares during the last quarter. Captrust Financial Advisors increased its position in Vanguard International High Dividend Yield ETF by 34,002.9% in the third quarter. Captrust Financial Advisors now owns 1,744,365 shares of the company’s stock worth $128,071,000 after purchasing an additional 1,739,250 shares during the last quarter. The Manufacturers Life Insurance Company raised its stake in Vanguard International High Dividend Yield ETF by 48.4% during the third quarter. The Manufacturers Life Insurance Company now owns 1,191,046 shares of the company’s stock valued at $87,447,000 after purchasing an additional 388,388 shares in the last quarter. Finally, LPL Financial LLC raised its stake in Vanguard International High Dividend Yield ETF by 9.6% during the second quarter. LPL Financial LLC now owns 1,163,820 shares of the company’s stock valued at $79,757,000 after purchasing an additional 101,820 shares in the last quarter.

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.