Tocqueville Asset Management L.P. Takes Position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Tocqueville Asset Management L.P. acquired a new position in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 7,465 shares of the company’s stock, valued at approximately $357,000.

A number of other hedge funds have also recently added to or reduced their stakes in the business. WealthNavi Inc. raised its position in shares of Vanguard FTSE Developed Markets ETF by 7.2% during the 4th quarter. WealthNavi Inc. now owns 49,426,996 shares of the company’s stock worth $2,363,599,000 after purchasing an additional 3,331,395 shares during the period. US Bancorp DE boosted its position in Vanguard FTSE Developed Markets ETF by 56.6% during the 4th quarter. US Bancorp DE now owns 23,812,753 shares of the company’s stock valued at $1,138,726,000 after purchasing an additional 8,608,172 shares during the period. LPL Financial LLC grew its stake in Vanguard FTSE Developed Markets ETF by 4.5% during the 3rd quarter. LPL Financial LLC now owns 22,283,298 shares of the company’s stock worth $1,176,781,000 after buying an additional 954,457 shares during the last quarter. Bank of New York Mellon Corp increased its position in Vanguard FTSE Developed Markets ETF by 6.1% in the fourth quarter. Bank of New York Mellon Corp now owns 16,564,449 shares of the company’s stock worth $792,112,000 after buying an additional 957,258 shares during the period. Finally, Captrust Financial Advisors lifted its stake in Vanguard FTSE Developed Markets ETF by 7.2% in the third quarter. Captrust Financial Advisors now owns 16,431,983 shares of the company’s stock valued at $867,773,000 after buying an additional 1,103,351 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Stock Down 0.8 %

VEA stock opened at $52.58 on Friday. The firm’s 50-day simple moving average is $50.66 and its 200 day simple moving average is $50.49. The stock has a market cap of $147.75 billion, a PE ratio of 16.97 and a beta of 0.92. Vanguard FTSE Developed Markets ETF has a fifty-two week low of $46.80 and a fifty-two week high of $53.40.

Vanguard FTSE Developed Markets ETF Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Tuesday, March 25th. Investors of record on Friday, March 21st will be issued a $0.2422 dividend. The ex-dividend date of this dividend 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.