Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) Stock Position Cut by Summit Global Investments

Summit Global Investments decreased its holdings in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 0.9% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 25,288 shares of the company’s stock after selling 242 shares during the period. Summit Global Investments’ holdings in Vanguard FTSE Developed Markets ETF were worth $1,209,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently made changes to their positions in the business. WealthNavi Inc. boosted its position in shares of Vanguard FTSE Developed Markets ETF by 7.2% during the 4th quarter. WealthNavi Inc. now owns 49,426,996 shares of the company’s stock valued at $2,363,599,000 after purchasing an additional 3,331,395 shares in the last quarter. Brooklyn FI LLC lifted its stake in Vanguard FTSE Developed Markets ETF by 6,702.3% during 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. US Bancorp DE lifted its stake in 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 buying an additional 8,608,172 shares in the last quarter. Bank of New York Mellon Corp lifted its stake in Vanguard FTSE Developed Markets ETF by 6.1% during the fourth quarter. Bank of New York Mellon Corp now owns 16,564,449 shares of the company’s stock valued at $792,112,000 after buying an additional 957,258 shares in the last quarter. Finally, Captrust Financial Advisors lifted its stake in Vanguard FTSE Developed Markets ETF by 7.2% during the third quarter. Captrust Financial Advisors now owns 16,431,983 shares of the company’s stock valued at $867,773,000 after buying an additional 1,103,351 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Trading Down 1.0 %

VEA stock opened at $52.05 on Friday. Vanguard FTSE Developed Markets ETF has a one year low of $46.80 and a one year high of $53.40. The firm has a market capitalization of $146.26 billion, a PE ratio of 16.97 and a beta of 0.92. The firm has a 50-day moving average of $50.75 and a two-hundred day moving average of $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 paid a dividend of $0.2422 per share. The ex-dividend date of this dividend is 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.