Optimum Investment Advisors Buys 784 Shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Optimum Investment Advisors boosted its position in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 6.2% during the 4th quarter, HoldingsChannel reports. The fund owned 13,428 shares of the company’s stock after buying an additional 784 shares during the quarter. Optimum Investment Advisors’ holdings in Vanguard FTSE Developed Markets ETF were worth $642,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also recently added to or reduced their stakes in VEA. Guardian Partners Inc. acquired a new stake in shares of Vanguard FTSE Developed Markets ETF during the 4th quarter worth approximately $1,399,000. Fortis Capital Management LLC lifted its position in Vanguard FTSE Developed Markets ETF by 5.8% in the fourth quarter. Fortis Capital Management LLC now owns 5,769 shares of the company’s stock worth $276,000 after purchasing an additional 314 shares during the period. Umpqua Bank acquired a new stake in Vanguard FTSE Developed Markets ETF during the fourth quarter worth $237,000. Sei Investments Co. increased its holdings in Vanguard FTSE Developed Markets ETF by 3.5% in the 4th quarter. Sei Investments Co. now owns 27,738,297 shares of the company’s stock valued at $1,326,446,000 after buying an additional 931,799 shares during the period. Finally, Plancorp LLC raised its stake in shares of Vanguard FTSE Developed Markets ETF by 6.5% in the 4th quarter. Plancorp LLC now owns 342,528 shares of the company’s stock valued at $16,380,000 after buying an additional 20,861 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Stock Performance

NYSEARCA:VEA opened at $52.05 on Friday. The company has a 50-day moving average of $50.75 and a 200-day moving average of $50.48. Vanguard FTSE Developed Markets ETF has a 52 week low of $46.80 and a 52 week high of $53.40. The company has a market capitalization of $146.26 billion, a price-to-earnings 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. Shareholders 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.

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.