Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) Position Lessened by Mountain Capital Investment Advisors Inc.

Mountain Capital Investment Advisors Inc. reduced its stake in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 67.6% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 586,393 shares of the company’s stock after selling 1,221,811 shares during the quarter. Vanguard FTSE Developed Markets ETF makes up 5.9% of Mountain Capital Investment Advisors Inc.’s holdings, making the stock its 7th largest position. Mountain Capital Investment Advisors Inc.’s holdings in Vanguard FTSE Developed Markets ETF were worth $28,481,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently added to or reduced their stakes in VEA. One Degree Advisors Inc raised its holdings in Vanguard FTSE Developed Markets ETF by 4.5% in the fourth quarter. One Degree Advisors Inc now owns 280,638 shares of the company’s stock worth $14,236,000 after purchasing an additional 12,021 shares in the last quarter. DRW Securities LLC bought a new stake in shares of Vanguard FTSE Developed Markets ETF in the 4th quarter valued at about $3,289,000. Texas Yale Capital Corp. grew its position in shares of Vanguard FTSE Developed Markets ETF by 28.1% in the 4th quarter. Texas Yale Capital Corp. now owns 57,968 shares of the company’s stock worth $2,772,000 after buying an additional 12,730 shares during the last quarter. Advisory Services Network LLC raised its stake in shares of Vanguard FTSE Developed Markets ETF by 4.5% during the 4th quarter. Advisory Services Network LLC now owns 310,550 shares of the company’s stock worth $14,851,000 after acquiring an additional 13,367 shares in the last quarter. Finally, RiverGlades Family Offices LLC lifted its position in Vanguard FTSE Developed Markets ETF by 0.9% during the fourth quarter. RiverGlades Family Offices LLC now owns 181,797 shares of the company’s stock valued at $8,694,000 after acquiring an additional 1,555 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Stock Down 0.5 %

Shares of VEA opened at $45.65 on Wednesday. The company has a 50 day moving average of $50.95 and a two-hundred day moving average of $50.32. The company has a market cap of $129.19 billion, a price-to-earnings ratio of 15.89 and a beta of 0.86. Vanguard FTSE Developed Markets ETF has a twelve month low of $45.14 and a twelve month high of $53.40.

Vanguard FTSE Developed Markets ETF Cuts Dividend

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