Motley Fool Wealth Management LLC Buys 11,710 Shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Motley Fool Wealth Management LLC raised its stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 13.2% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 100,607 shares of the company’s stock after purchasing an additional 11,710 shares during the period. Motley Fool Wealth Management LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $4,799,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in VEA. Kozak & Associates Inc. raised its stake in Vanguard FTSE Developed Markets ETF by 268.0% during the 4th quarter. Kozak & Associates Inc. now owns 563 shares of the company’s stock worth $27,000 after buying an additional 410 shares during the period. Decker Retirement Planning Inc. bought a new position in shares of Vanguard FTSE Developed Markets ETF in the 4th quarter worth $29,000. Keystone Financial Group Inc. acquired a new stake in Vanguard FTSE Developed Markets ETF in the 4th quarter valued at $32,000. Crews Bank & Trust bought a new stake in Vanguard FTSE Developed Markets ETF during the 4th quarter valued at $37,000. Finally, Farmers & Merchants Trust Co of Chambersburg PA raised its holdings in Vanguard FTSE Developed Markets ETF by 44.2% during the fourth quarter. Farmers & Merchants Trust Co of Chambersburg PA now owns 777 shares of the company’s stock worth $37,000 after buying an additional 238 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Price Performance

Shares of NYSEARCA VEA opened at $52.40 on Wednesday. The company has a 50-day moving average price of $50.95 and a 200-day moving average price of $50.49. The stock has a market capitalization of $147.24 billion, a P/E 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.

Vanguard FTSE Developed Markets ETF Cuts Dividend

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