Vanguard International High Dividend Yield ETF (NASDAQ:VYMI) Sees Strong Trading Volume – Here’s What Happened

Vanguard International High Dividend Yield ETF (NASDAQ:VYMI) shares saw unusually-strong trading volume on Tuesday . Approximately 723,943 shares changed hands during trading, an increase of 56% from the previous session’s volume of 463,039 shares.The stock last traded at $67.32 and had previously closed at $67.08.

Vanguard International High Dividend Yield ETF Stock Up 0.2 %

The firm’s 50 day moving average price is $69.45 and its two-hundred day moving average price is $70.50. The firm has a market capitalization of $7.69 billion, a PE ratio of 9.68 and a beta of 0.81.

Vanguard International High Dividend Yield ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, December 24th. Stockholders of record on Friday, December 20th were given a dividend of $0.9647 per share. This represents a $3.86 dividend on an annualized basis and a dividend yield of 5.74%. This is a positive change from Vanguard International High Dividend Yield ETF’s previous quarterly dividend of $0.70. The ex-dividend date was Friday, December 20th.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of VYMI. Captrust Financial Advisors grew its position in shares of Vanguard International High Dividend Yield ETF by 34,002.9% during the third quarter. Captrust Financial Advisors now owns 1,744,365 shares of the company’s stock worth $128,071,000 after acquiring an additional 1,739,250 shares during the last quarter. The Manufacturers Life Insurance Company grew its holdings 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 worth $87,447,000 after acquiring an additional 388,388 shares during the period. International Assets Investment Management LLC lifted its holdings in Vanguard International High Dividend Yield ETF by 7,680.0% in the 3rd quarter. International Assets Investment Management LLC now owns 370,404 shares of the company’s stock valued at $27,195,000 after acquiring an additional 365,643 shares during the last quarter. Envestnet Asset Management Inc. grew its stake in shares of 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 worth $123,750,000 after purchasing an additional 235,522 shares during the last quarter. Finally, HighTower Advisors LLC raised its holdings in shares of Vanguard International High Dividend Yield ETF by 59.9% in the 3rd quarter. HighTower Advisors LLC now owns 471,611 shares of the company’s stock worth $34,624,000 after purchasing an additional 176,592 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.