Belpointe Asset Management LLC Purchases 704 Shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Belpointe Asset Management LLC lifted its position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 3.0% in the fourth quarter, Holdings Channel.com reports. The firm owned 24,462 shares of the company’s stock after purchasing an additional 704 shares during the quarter. Belpointe Asset Management LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $1,281,000 at the end of the most recent reporting period.

Several other institutional investors have also recently modified their holdings of VEA. Sellwood Investment Partners LLC bought a new position in Vanguard FTSE Developed Markets ETF during the fourth quarter valued at approximately $26,000. Kozak & Associates Inc. grew its holdings in shares of Vanguard FTSE Developed Markets ETF by 268.0% during the 4th quarter. Kozak & Associates Inc. now owns 563 shares of the company’s stock valued at $27,000 after purchasing an additional 410 shares during the last quarter. Decker Retirement Planning Inc. purchased a new position in Vanguard FTSE Developed Markets ETF in the 4th quarter worth $29,000. Keystone Financial Group Inc. purchased a new position in Vanguard FTSE Developed Markets ETF in the 4th quarter worth $32,000. Finally, Headlands Technologies LLC lifted its stake in Vanguard FTSE Developed Markets ETF by 65.2% in the fourth quarter. Headlands Technologies LLC now owns 702 shares of the company’s stock worth $34,000 after purchasing an additional 277 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Trading Up 1.2 %

Shares of NYSEARCA:VEA opened at $49.98 on Tuesday. The stock has a market capitalization of $141.44 billion, a P/E ratio of 15.89 and a beta of 0.86. The stock’s 50-day moving average price is $50.86 and its 200-day moving average price is $50.20. Vanguard FTSE Developed Markets ETF has a 12-month low of $45.14 and a 12-month high of $53.40.

Vanguard FTSE Developed Markets ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Tuesday, March 25th. Stockholders of record on Friday, March 21st were issued a $0.2422 dividend. The ex-dividend date of this dividend 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.