Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) is Lowe Brockenbrough & Co. Inc.’s 7th Largest Position

Lowe Brockenbrough & Co. Inc. raised its position in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 0.1% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 667,945 shares of the company’s stock after purchasing an additional 730 shares during the quarter. Vanguard FTSE Developed Markets ETF accounts for about 2.0% of Lowe Brockenbrough & Co. Inc.’s investment portfolio, making the stock its 7th largest position. Lowe Brockenbrough & Co. Inc.’s holdings in Vanguard FTSE Developed Markets ETF were worth $31,941,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of VEA. Kozak & Associates Inc. lifted its holdings in 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 purchasing an additional 410 shares in the last quarter. Decker Retirement Planning Inc. purchased a new position in shares of Vanguard FTSE Developed Markets ETF in the fourth quarter worth $29,000. Keystone Financial Group Inc. bought a new position in shares of Vanguard FTSE Developed Markets ETF during the fourth quarter worth $32,000. Crews Bank & Trust purchased a new position in Vanguard FTSE Developed Markets ETF during the fourth quarter valued at $37,000. Finally, Farmers & Merchants Trust Co of Chambersburg PA increased its holdings in Vanguard FTSE Developed Markets ETF by 44.2% in the 4th quarter. Farmers & Merchants Trust Co of Chambersburg PA now owns 777 shares of the company’s stock valued at $37,000 after acquiring an additional 238 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Stock Down 0.8 %

Shares of VEA stock opened at $52.58 on Friday. The stock has a market cap of $147.75 billion, a P/E ratio of 16.97 and a beta of 0.92. The company’s fifty day simple moving average is $50.66 and its two-hundred day simple moving average is $50.49. 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. Investors of record on Friday, March 21st will be paid a dividend of $0.2422 per share. The ex-dividend date of this dividend is 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.