Vanguard International High Dividend Yield ETF (NASDAQ:VYMI) Sees Strong Trading Volume – Should You Buy?

Shares of Vanguard International High Dividend Yield ETF (NASDAQ:VYMI) saw an uptick in trading volume on Tuesday . 250,103 shares traded hands during trading, a decline of 20% from the previous session’s volume of 312,893 shares.The stock last traded at $68.63 and had previously closed at $68.33.

Vanguard International High Dividend Yield ETF Trading Down 0.1 %

The firm has a market capitalization of $7.81 billion, a PE ratio of 9.68 and a beta of 0.81. The business has a 50-day moving average of $69.66 and a 200 day moving average of $70.50.

Vanguard International High Dividend Yield ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, December 24th. Shareholders of record on Friday, December 20th were paid a dividend of $0.9647 per share. This represents a $3.86 annualized dividend and a yield of 5.65%. This is an increase from Vanguard International High Dividend Yield ETF’s previous quarterly dividend of $0.70. The ex-dividend date was Friday, December 20th.

Institutional Investors Weigh In On Vanguard International High Dividend Yield ETF

Large investors have recently bought and sold shares of the business. Orgel Wealth Management LLC boosted its holdings in 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 purchasing an additional 60,870 shares during the last quarter. Envestnet Asset Management Inc. boosted 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 buying an additional 235,522 shares during the last quarter. Captrust Financial Advisors boosted its stake in shares of Vanguard International High Dividend Yield ETF by 34,002.9% in the 3rd quarter. Captrust Financial Advisors now owns 1,744,365 shares of the company’s stock worth $128,071,000 after buying an additional 1,739,250 shares during the last quarter. The Manufacturers Life Insurance Company grew its holdings in shares of Vanguard International High Dividend Yield ETF by 48.4% in 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. Finally, LPL Financial LLC increased its position 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 acquiring an additional 101,820 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.