Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) is Sei Investments Co.’s 5th Largest Position

Sei Investments Co. lifted its holdings in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 3.5% in the fourth quarter, HoldingsChannel reports. The firm owned 27,738,297 shares of the company’s stock after acquiring an additional 931,799 shares during the period. Vanguard FTSE Developed Markets ETF makes up about 1.7% of Sei Investments Co.’s portfolio, making the stock its 5th biggest holding. Sei Investments Co.’s holdings in Vanguard FTSE Developed Markets ETF were worth $1,326,446,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of the business. WealthNavi Inc. grew its stake in Vanguard FTSE Developed Markets ETF by 7.2% in the 4th quarter. WealthNavi Inc. now owns 49,426,996 shares of the company’s stock worth $2,363,599,000 after acquiring an additional 3,331,395 shares during the period. Brooklyn FI LLC grew its stake in Vanguard FTSE Developed Markets ETF by 6,702.3% in the 4th quarter. Brooklyn FI LLC now owns 35,997,541 shares of the company’s stock worth $1,806,348,000 after acquiring an additional 35,468,345 shares during the period. US Bancorp DE grew its stake in Vanguard FTSE Developed Markets ETF by 56.6% in the 4th quarter. US Bancorp DE now owns 23,812,753 shares of the company’s stock worth $1,138,726,000 after acquiring an additional 8,608,172 shares during the period. Bank of New York Mellon Corp grew its stake in shares of Vanguard FTSE Developed Markets ETF by 6.1% during the 4th quarter. Bank of New York Mellon Corp now owns 16,564,449 shares of the company’s stock valued at $792,112,000 after buying an additional 957,258 shares during the period. Finally, Captrust Financial Advisors grew its stake in shares of Vanguard FTSE Developed Markets ETF by 7.2% during the 3rd quarter. Captrust Financial Advisors now owns 16,431,983 shares of the company’s stock valued at $867,773,000 after buying an additional 1,103,351 shares during the period.

Vanguard FTSE Developed Markets ETF Stock Down 1.0 %

Shares of NYSEARCA VEA opened at $52.05 on Friday. Vanguard FTSE Developed Markets ETF has a 52-week low of $46.80 and a 52-week high of $53.40. The firm has a fifty day moving average of $50.75 and a 200-day moving average of $50.48. The stock has a market capitalization of $146.26 billion, a PE ratio of 16.97 and a beta of 0.92.

Vanguard FTSE Developed Markets ETF Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Tuesday, March 25th. Stockholders of record on Friday, March 21st will be paid a dividend of $0.2422 per share. The ex-dividend date is Friday, March 21st.

About Vanguard FTSE Developed Markets ETF

The Vanguard Developed Markets Index Fund (VEA) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a market-cap weighted index of large-, mid- and small-cap stocks from developed markets outside the US. VEA was launched on Jul 20, 2007 and is managed by Vanguard.