Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) Shares Sold by Texas Capital Bank Wealth Management Services Inc

Texas Capital Bank Wealth Management Services Inc decreased its holdings in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 18.9% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 279,442 shares of the company’s stock after selling 65,207 shares during the quarter. Vanguard FTSE Developed Markets ETF makes up about 1.4% of Texas Capital Bank Wealth Management Services Inc’s holdings, making the stock its 9th biggest position. Texas Capital Bank Wealth Management Services Inc’s holdings in Vanguard FTSE Developed Markets ETF were worth $13,363,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. Seven Mile Advisory grew its position in Vanguard FTSE Developed Markets ETF by 0.7% in the 4th quarter. Seven Mile Advisory now owns 27,400 shares of the company’s stock valued at $1,310,000 after buying an additional 198 shares during the last quarter. Brown Lisle Cummings Inc. raised its stake in shares of Vanguard FTSE Developed Markets ETF by 5.5% during the 4th quarter. Brown Lisle Cummings Inc. now owns 3,842 shares of the company’s stock worth $184,000 after buying an additional 200 shares during the last quarter. ARK & TLK Investments LLC increased its stake in shares of Vanguard FTSE Developed Markets ETF by 3.5% during the 4th quarter. ARK & TLK Investments LLC now owns 6,109 shares of the company’s stock worth $292,000 after purchasing an additional 205 shares in the last quarter. O Connor Financial Group LLC boosted its stake in shares of Vanguard FTSE Developed Markets ETF by 3.4% during the fourth quarter. O Connor Financial Group LLC now owns 6,318 shares of the company’s stock valued at $302,000 after acquiring an additional 210 shares during the last quarter. Finally, O Dell Group LLC boosted its position in Vanguard FTSE Developed Markets ETF by 1.3% during the fourth quarter. O Dell Group LLC now owns 16,346 shares of the company’s stock worth $782,000 after acquiring an additional 216 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Stock Down 1.9 %

Shares of VEA traded down $0.91 during mid-day trading on Thursday, hitting $48.15. The company had a trading volume of 10,980,458 shares, compared to its average volume of 10,587,598. The stock has a market cap of $136.26 billion, a PE ratio of 15.89 and a beta of 0.86. The business’s 50-day simple moving average is $50.90 and its 200-day simple moving average is $50.29. Vanguard FTSE Developed Markets ETF has a 1-year low of $45.14 and a 1-year high of $53.40.

Vanguard FTSE Developed Markets ETF Cuts Dividend

The firm also recently announced 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 of this dividend 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.