Summit Global Investments Has $1.21 Million Stock Holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Summit Global Investments lessened its position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 0.9% during the 4th quarter, Holdings Channel reports. The firm owned 25,288 shares of the company’s stock after selling 242 shares during the quarter. Summit Global Investments’ holdings in Vanguard FTSE Developed Markets ETF were worth $1,209,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Kozak & Associates Inc. lifted its position in Vanguard FTSE Developed Markets ETF by 268.0% during the 4th quarter. Kozak & Associates Inc. now owns 563 shares of the company’s stock worth $27,000 after buying an additional 410 shares in the last quarter. Decker Retirement Planning Inc. acquired a new position in Vanguard FTSE Developed Markets ETF during the 4th quarter worth about $29,000. Keystone Financial Group Inc. acquired a new position in Vanguard FTSE Developed Markets ETF during the 4th quarter worth about $32,000. Crews Bank & Trust acquired a new position in Vanguard FTSE Developed Markets ETF during the 4th quarter worth about $37,000. Finally, Farmers & Merchants Trust Co of Chambersburg PA lifted its position in Vanguard FTSE Developed Markets ETF by 44.2% during the 4th quarter. Farmers & Merchants Trust Co of Chambersburg PA now owns 777 shares of the company’s stock worth $37,000 after buying an additional 238 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Stock Down 1.0 %

Shares of NYSEARCA VEA opened at $52.05 on Friday. The company has a market cap of $146.26 billion, a price-to-earnings ratio of 16.97 and a beta of 0.92. Vanguard FTSE Developed Markets ETF has a 12-month low of $46.80 and a 12-month high of $53.40. The firm’s 50-day simple moving average is $50.75 and its 200 day simple moving average is $50.48.

Vanguard FTSE Developed Markets ETF Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Tuesday, March 25th. Shareholders of record on Friday, March 21st will be issued a dividend of $0.2422 per share. The ex-dividend date is Friday, March 21st.

Vanguard FTSE Developed Markets ETF Company 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.