Peninsula Wealth LLC Sells 6,508 Shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Peninsula Wealth LLC lessened its stake in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 4.0% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 155,325 shares of the company’s stock after selling 6,508 shares during the quarter. Vanguard FTSE Developed Markets ETF comprises 1.3% of Peninsula Wealth LLC’s investment portfolio, making the stock its 15th biggest holding. Peninsula Wealth LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $7,428,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently made changes to their positions in the company. BNP Paribas Financial Markets lifted its stake in shares of Vanguard FTSE Developed Markets ETF by 44.0% in the third quarter. BNP Paribas Financial Markets now owns 3,255 shares of the company’s stock valued at $172,000 after buying an additional 995 shares in the last quarter. Wealthquest Corp acquired a new stake in shares of Vanguard FTSE Developed Markets ETF in the 3rd quarter worth about $1,089,000. Pine Valley Investments Ltd Liability Co raised its holdings in shares of Vanguard FTSE Developed Markets ETF by 131.2% in the 3rd quarter. Pine Valley Investments Ltd Liability Co now owns 68,074 shares of the company’s stock worth $3,595,000 after acquiring an additional 38,624 shares during the last quarter. World Investment Advisors LLC lifted its position in Vanguard FTSE Developed Markets ETF by 20.9% in the 3rd quarter. World Investment Advisors LLC now owns 377,930 shares of the company’s stock valued at $19,958,000 after acquiring an additional 65,376 shares in the last quarter. Finally, Broadview Financial Management LLC boosted its stake in Vanguard FTSE Developed Markets ETF by 0.5% during the 3rd quarter. Broadview Financial Management LLC now owns 119,289 shares of the company’s stock valued at $6,300,000 after purchasing an additional 588 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Stock Performance

Shares of VEA opened at $49.41 on Monday. The firm has a market capitalization of $139.83 billion, a P/E ratio of 15.89 and a beta of 0.86. Vanguard FTSE Developed Markets ETF has a 52 week low of $45.14 and a 52 week high of $53.40. The stock has a 50 day moving average price of $50.87 and a two-hundred day moving average price of $50.22.

Vanguard FTSE Developed Markets ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Tuesday, March 25th. Investors of record on Friday, March 21st were issued a dividend of $0.2422 per share. 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.