Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) Shares Sold by Transamerica Financial Advisors Inc.

Transamerica Financial Advisors Inc. trimmed its holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 1.3% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 344,194 shares of the company’s stock after selling 4,513 shares during the quarter. Vanguard FTSE Developed Markets ETF comprises about 1.6% of Transamerica Financial Advisors Inc.’s holdings, making the stock its 10th biggest holding. Transamerica Financial Advisors Inc.’s holdings in Vanguard FTSE Developed Markets ETF were worth $16,460,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also added to or reduced their stakes in VEA. Sellwood Investment Partners LLC bought a new position in Vanguard FTSE Developed Markets ETF in the 4th quarter valued at $26,000. Kozak & Associates Inc. lifted its stake in shares of 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 acquiring an additional 410 shares during the period. Decker Retirement Planning Inc. bought a new position in Vanguard FTSE Developed Markets ETF in the fourth quarter valued at about $29,000. Keystone Financial Group Inc. acquired a new stake in Vanguard FTSE Developed Markets ETF in the fourth quarter worth about $32,000. Finally, Roxbury Financial LLC bought a new stake in Vanguard FTSE Developed Markets ETF during the 4th quarter worth about $37,000.

Vanguard FTSE Developed Markets ETF Trading Down 1.1 %

Shares of NYSEARCA VEA opened at $51.24 on Friday. Vanguard FTSE Developed Markets ETF has a 1 year low of $46.80 and a 1 year high of $53.40. The firm’s 50-day moving average is $51.14 and its 200-day moving average is $50.51. The firm has a market capitalization of $143.98 billion, a PE ratio of 16.97 and a beta of 0.92.

Vanguard FTSE Developed Markets ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, March 25th. Shareholders of record on Friday, March 21st were paid a $0.2422 dividend. The ex-dividend date 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.