SwitchPoint Financial Planning LLC Makes New $345,000 Investment in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

SwitchPoint Financial Planning LLC purchased a new stake in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 7,218 shares of the company’s stock, valued at approximately $345,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. Kozak & Associates Inc. lifted its position in Vanguard FTSE Developed Markets ETF by 268.0% during the fourth quarter. Kozak & Associates Inc. now owns 563 shares of the company’s stock valued at $27,000 after purchasing an additional 410 shares in 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. purchased a new stake in Vanguard FTSE Developed Markets ETF in the 4th quarter worth approximately $32,000. Crews Bank & Trust bought a new stake in Vanguard FTSE Developed Markets ETF during the 4th quarter worth approximately $37,000. Finally, Farmers & Merchants Trust Co of Chambersburg PA lifted 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 valued at $37,000 after purchasing an additional 238 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Stock Performance

VEA opened at $52.40 on Wednesday. The stock has a market cap of $147.24 billion, a price-to-earnings ratio of 16.97 and a beta of 0.92. The firm’s fifty day moving average is $50.95 and its 200 day moving average is $50.49. 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 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.