RWA Wealth Partners LLC Has $536.99 Million Stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

RWA Wealth Partners LLC lifted its stake in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 3.2% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 11,229,385 shares of the company’s stock after acquiring an additional 351,976 shares during the quarter. Vanguard FTSE Developed Markets ETF comprises about 6.6% of RWA Wealth Partners LLC’s investment portfolio, making the stock its 3rd biggest holding. RWA Wealth Partners LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $536,989,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Brooklyn FI LLC increased its holdings in shares of Vanguard FTSE Developed Markets ETF by 6,702.3% in the fourth quarter. Brooklyn FI LLC now owns 35,997,541 shares of the company’s stock valued at $1,806,348,000 after buying an additional 35,468,345 shares in the last quarter. Raymond James Financial Inc. purchased a new position in shares of Vanguard FTSE Developed Markets ETF in the fourth quarter worth approximately $563,154,000. Strategic Financial Concepts LLC increased its position in shares of Vanguard FTSE Developed Markets ETF by 5,780.9% in the fourth quarter. Strategic Financial Concepts LLC now owns 10,808,939 shares of the company’s stock worth $516,883,000 after acquiring an additional 10,625,142 shares in the last quarter. US Bancorp DE raised its holdings in shares of Vanguard FTSE Developed Markets ETF by 56.6% during the fourth quarter. US Bancorp DE now owns 23,812,753 shares of the company’s stock valued at $1,138,726,000 after acquiring an additional 8,608,172 shares during the period. Finally, LPL Financial LLC lifted its position in shares of Vanguard FTSE Developed Markets ETF by 21.3% in the 4th quarter. LPL Financial LLC now owns 27,040,599 shares of the company’s stock valued at $1,293,081,000 after acquiring an additional 4,757,301 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Stock Performance

NYSEARCA VEA opened at $51.24 on Friday. The firm’s 50 day moving average price is $51.14 and its two-hundred day moving average price is $50.51. Vanguard FTSE Developed Markets ETF has a twelve month low of $46.80 and a twelve month high of $53.40. The stock has a market cap of $143.98 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 was paid on Tuesday, March 25th. Investors of record on Friday, March 21st were given a dividend of $0.2422 per share. 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.