Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) Shares Bought by Modern Wealth Management LLC

Modern Wealth Management LLC grew its position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 37.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 15,653 shares of the company’s stock after purchasing an additional 4,244 shares during the period. Modern Wealth Management LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $791,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of VEA. WealthNavi Inc. lifted its position in Vanguard FTSE Developed Markets ETF by 7.2% during the fourth quarter. WealthNavi Inc. now owns 49,426,996 shares of the company’s stock valued at $2,363,599,000 after buying an additional 3,331,395 shares in the last quarter. Brooklyn FI LLC boosted its position in Vanguard FTSE Developed Markets ETF by 6,702.3% during the 4th quarter. Brooklyn FI LLC now owns 35,997,541 shares of the company’s stock worth $1,806,348,000 after purchasing an additional 35,468,345 shares during the period. Sei Investments Co. increased its holdings in Vanguard FTSE Developed Markets ETF by 3.5% in the 4th quarter. Sei Investments Co. now owns 27,738,297 shares of the company’s stock valued at $1,326,446,000 after purchasing an additional 931,799 shares in the last quarter. LPL Financial LLC raised its position in Vanguard FTSE Developed Markets ETF by 21.3% in the fourth quarter. LPL Financial LLC now owns 27,040,599 shares of the company’s stock valued at $1,293,081,000 after purchasing an additional 4,757,301 shares during the period. Finally, US Bancorp DE lifted its stake in shares of Vanguard FTSE Developed Markets ETF by 56.6% during the fourth quarter. US Bancorp DE now owns 23,812,753 shares of the company’s stock worth $1,138,726,000 after purchasing an additional 8,608,172 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Price Performance

Shares of NYSEARCA VEA opened at $51.77 on Thursday. The company has a market capitalization of $145.47 billion, a price-to-earnings ratio of 16.97 and a beta of 0.92. Vanguard FTSE Developed Markets ETF has a 1-year low of $46.80 and a 1-year high of $53.40. The business has a 50-day moving average of $51.02 and a 200-day moving average of $50.50.

Vanguard FTSE Developed Markets ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Tuesday, March 25th. Shareholders of record on Friday, March 21st were given a $0.2422 dividend. The ex-dividend date was Friday, March 21st.

Vanguard FTSE Developed Markets ETF Company Profile

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.