Retirement Investment Advisors Inc. Boosts Stock Position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Retirement Investment Advisors Inc. raised its position in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 1.0% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 35,721 shares of the company’s stock after buying an additional 355 shares during the period. Vanguard FTSE Developed Markets ETF accounts for about 0.2% of Retirement Investment Advisors Inc.’s investment portfolio, making the stock its 19th biggest holding. Retirement Investment Advisors Inc.’s holdings in Vanguard FTSE Developed Markets ETF were worth $1,708,000 as of its most recent filing with the SEC.

Other hedge funds have also modified their holdings of the company. ARK & TLK Investments LLC increased its position in shares of Vanguard FTSE Developed Markets ETF by 3.5% during the fourth quarter. ARK & TLK Investments LLC now owns 6,109 shares of the company’s stock worth $292,000 after purchasing an additional 205 shares in the last quarter. IPG Investment Advisors LLC purchased a new position in Vanguard FTSE Developed Markets ETF during the 4th quarter worth $539,000. Life Planning Partners Inc increased its position in Vanguard FTSE Developed Markets ETF by 0.9% during the 4th quarter. Life Planning Partners Inc now owns 91,398 shares of the company’s stock valued at $4,371,000 after buying an additional 774 shares in the last quarter. Stage Harbor Financial LLC purchased a new stake in Vanguard FTSE Developed Markets ETF in the fourth quarter valued at about $247,000. Finally, RWA Wealth Partners LLC boosted its holdings in Vanguard FTSE Developed Markets ETF by 3.2% in the fourth quarter. RWA Wealth Partners LLC now owns 11,229,385 shares of the company’s stock worth $536,989,000 after acquiring an additional 351,976 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Stock Performance

Shares of VEA stock opened at $51.24 on Friday. The firm has a market capitalization of $143.98 billion, a price-to-earnings ratio of 16.97 and a beta of 0.92. The stock’s 50-day simple moving average is $51.14 and its 200-day simple moving average is $50.51. 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 business also recently declared a dividend, which was paid on Tuesday, March 25th. Shareholders of record on Friday, March 21st were paid 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.