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

Motley Fool Wealth Management LLC lifted its holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 13.2% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 100,607 shares of the company’s stock after acquiring an additional 11,710 shares during the quarter. Motley Fool Wealth Management LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $4,799,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently modified their holdings of the company. Kozak & Associates Inc. boosted its holdings in shares of Vanguard FTSE Developed Markets ETF by 268.0% in 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 last quarter. Decker Retirement Planning Inc. bought a new position in shares of Vanguard FTSE Developed Markets ETF during the 4th quarter valued at approximately $29,000. Keystone Financial Group Inc. bought a new position in shares of Vanguard FTSE Developed Markets ETF during the 4th quarter valued at approximately $32,000. Crews Bank & Trust bought a new stake in shares of Vanguard FTSE Developed Markets ETF in the 4th quarter worth approximately $37,000. Finally, Farmers & Merchants Trust Co of Chambersburg PA lifted its stake in Vanguard FTSE Developed Markets ETF by 44.2% in the fourth quarter. Farmers & Merchants Trust Co of Chambersburg PA now owns 777 shares of the company’s stock valued at $37,000 after purchasing an additional 238 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Price Performance

NYSEARCA:VEA opened at $52.40 on Wednesday. The company has a market capitalization of $147.24 billion, a P/E ratio of 16.97 and a beta of 0.92. The business has a fifty day simple moving average of $50.95 and a two-hundred day simple moving average of $50.49. 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 company also recently disclosed a dividend, which was paid on Tuesday, March 25th. Investors of record on Friday, March 21st were issued 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.