Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) Shares Purchased by Pecaut & CO.

Pecaut & CO. lifted its stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 9.3% in the 4th quarter, Holdings Channel.com reports. The firm owned 20,964 shares of the company’s stock after purchasing an additional 1,781 shares during the period. Pecaut & CO.’s holdings in Vanguard FTSE Developed Markets ETF were worth $1,002,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently made changes to their positions in VEA. Whittier Trust Co. of Nevada Inc. increased its stake in Vanguard FTSE Developed Markets ETF by 0.5% during the fourth quarter. Whittier Trust Co. of Nevada Inc. now owns 942,732 shares of the company’s stock worth $45,072,000 after acquiring an additional 4,812 shares during the last quarter. SigFig Wealth Management LLC increased its stake in Vanguard FTSE Developed Markets ETF by 3.7% during the fourth quarter. SigFig Wealth Management LLC now owns 557,629 shares of the company’s stock worth $26,566,000 after acquiring an additional 20,011 shares during the last quarter. Absolute Capital Management LLC increased its stake in Vanguard FTSE Developed Markets ETF by 18.5% during the fourth quarter. Absolute Capital Management LLC now owns 34,192 shares of the company’s stock worth $1,635,000 after acquiring an additional 5,336 shares during the last quarter. Clear Investment Research LLC increased its stake in Vanguard FTSE Developed Markets ETF by 1.5% during the fourth quarter. Clear Investment Research LLC now owns 16,076 shares of the company’s stock worth $769,000 after acquiring an additional 237 shares during the last quarter. Finally, HUB Investment Partners LLC increased its stake in Vanguard FTSE Developed Markets ETF by 20.3% during the fourth quarter. HUB Investment Partners LLC now owns 27,017 shares of the company’s stock worth $1,292,000 after acquiring an additional 4,562 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Stock Down 0.8 %

VEA stock opened at $52.58 on Friday. The business has a fifty day moving average of $50.66 and a two-hundred day moving average of $50.49. The stock has a market cap of $147.75 billion, a price-to-earnings ratio of 16.97 and a beta of 0.92. Vanguard FTSE Developed Markets ETF has a 52-week low of $46.80 and a 52-week high of $53.40.

Vanguard FTSE Developed Markets ETF Cuts Dividend

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