Gutierrez Wealth Advisory LLC Invests $10.03 Million in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Gutierrez Wealth Advisory LLC purchased a new position in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 209,696 shares of the company’s stock, valued at approximately $10,028,000. Vanguard FTSE Developed Markets ETF accounts for approximately 8.3% of Gutierrez Wealth Advisory LLC’s portfolio, making the stock its 4th biggest holding.

Several other institutional investors and hedge funds also recently made changes to their positions in VEA. Prospera Financial Services Inc boosted its stake in Vanguard FTSE Developed Markets ETF by 0.8% in the 3rd quarter. Prospera Financial Services Inc now owns 50,112 shares of the company’s stock worth $2,647,000 after purchasing an additional 406 shares during the period. Segall Bryant & Hamill LLC bought a new position in Vanguard FTSE Developed Markets ETF in the 3rd quarter worth about $627,000. Jennison Associates LLC boosted its stake in Vanguard FTSE Developed Markets ETF by 525.5% in the 3rd quarter. Jennison Associates LLC now owns 38,779 shares of the company’s stock worth $2,048,000 after purchasing an additional 32,579 shares during the period. Citizens Financial Group Inc. RI boosted its stake in Vanguard FTSE Developed Markets ETF by 4.3% in the 3rd quarter. Citizens Financial Group Inc. RI now owns 590,795 shares of the company’s stock worth $31,200,000 after purchasing an additional 24,150 shares during the period. Finally, Steele Capital Management Inc. boosted its stake in Vanguard FTSE Developed Markets ETF by 59.6% in the 3rd quarter. Steele Capital Management Inc. now owns 2,021,494 shares of the company’s stock worth $106,755,000 after purchasing an additional 754,507 shares during the period.

Vanguard FTSE Developed Markets ETF Stock Down 0.8 %

Shares of NYSEARCA VEA opened at $52.58 on Friday. Vanguard FTSE Developed Markets ETF has a 52 week low of $46.80 and a 52 week high of $53.40. The business has a 50-day simple moving average of $50.66 and a two-hundred day simple moving average of $50.49. The company has a market cap of $147.75 billion, a P/E ratio of 16.97 and a beta of 0.92.

Vanguard FTSE Developed Markets ETF Cuts Dividend

The firm 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 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.