Modern Wealth Management LLC Has $791,000 Stock Holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Modern Wealth Management LLC boosted its holdings in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 37.2% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 15,653 shares of the company’s stock after buying an additional 4,244 shares during the period. Modern Wealth Management LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $791,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently bought and sold shares of VEA. Kozak & Associates Inc. increased 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 valued at $27,000 after purchasing an additional 410 shares during the period. Decker Retirement Planning Inc. purchased a new stake in Vanguard FTSE Developed Markets ETF in the 4th quarter worth approximately $29,000. Keystone Financial Group Inc. acquired a new stake in shares of Vanguard FTSE Developed Markets ETF during the 4th quarter valued at $32,000. Crews Bank & Trust purchased a new position in shares of Vanguard FTSE Developed Markets ETF during the 4th quarter valued at $37,000. Finally, Farmers & Merchants Trust Co of Chambersburg PA increased its stake in shares of 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 worth $37,000 after acquiring an additional 238 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Trading Down 1.2 %

Shares of NYSEARCA:VEA opened at $51.77 on Thursday. The firm has a market cap of $145.47 billion, a price-to-earnings ratio of 16.97 and a beta of 0.92. Vanguard FTSE Developed Markets ETF has a 1 year low of $46.80 and a 1 year high of $53.40. The business has a fifty day simple moving average of $51.02 and a 200 day simple moving average of $50.50.

Vanguard FTSE Developed Markets ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Tuesday, March 25th. Stockholders of record on Friday, March 21st were issued a dividend of $0.2422 per share. The ex-dividend date of this dividend was 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.