Vanguard International High Dividend Yield ETF (NASDAQ:VYMI) Sees Unusually-High Trading Volume – Here’s Why

Vanguard International High Dividend Yield ETF (NASDAQ:VYMI) shares saw an uptick in trading volume on Tuesday . 723,943 shares were traded 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 Performance

The firm has a market cap of $7.69 billion, a PE ratio of 9.68 and a beta of 0.81. The firm’s 50-day moving average price is $69.45 and its two-hundred day moving average price is $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. Stockholders of record on Friday, December 20th were issued a $0.9647 dividend. This represents a $3.86 dividend on an annualized basis and a dividend yield of 5.74%. This is a boost from Vanguard International High Dividend Yield ETF’s previous quarterly dividend of $0.70. The ex-dividend date of this dividend was Friday, December 20th.

Hedge Funds Weigh In On Vanguard International High Dividend Yield ETF

Hedge funds and other institutional investors have recently bought and sold shares of the company. Captrust Financial Advisors raised its position in shares of 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 valued at $128,071,000 after buying an additional 1,739,250 shares during the last quarter. The Manufacturers Life Insurance Company raised its stake in shares of Vanguard International High Dividend Yield ETF by 48.4% in the 3rd quarter. The Manufacturers Life Insurance Company now owns 1,191,046 shares of the company’s stock valued at $87,447,000 after acquiring an additional 388,388 shares during the period. International Assets Investment Management LLC boosted its position in Vanguard International High Dividend Yield ETF by 7,680.0% during the 3rd quarter. International Assets Investment Management LLC now owns 370,404 shares of the company’s stock worth $27,195,000 after purchasing an additional 365,643 shares during the period. Envestnet Asset Management Inc. raised its position in Vanguard International High Dividend Yield ETF by 15.0% in the second 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 period. Finally, HighTower Advisors LLC lifted its stake in shares of Vanguard International High Dividend Yield ETF by 59.9% during the third 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.

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.