NFP Retirement Inc. Grows Stock Position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

NFP Retirement Inc. lifted its holdings in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 7.7% during the fourth quarter, Holdings Channel.com reports. The fund owned 336,950 shares of the company’s stock after acquiring an additional 24,075 shares during the period. Vanguard FTSE Developed Markets ETF accounts for approximately 1.3% of NFP Retirement Inc.’s holdings, making the stock its 16th biggest holding. NFP Retirement Inc.’s holdings in Vanguard FTSE Developed Markets ETF were worth $16,113,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. BNP Paribas Financial Markets boosted its position in Vanguard FTSE Developed Markets ETF by 44.0% during the third quarter. BNP Paribas Financial Markets now owns 3,255 shares of the company’s stock worth $172,000 after purchasing an additional 995 shares in the last quarter. TD Private Client Wealth LLC lifted its position in shares of Vanguard FTSE Developed Markets ETF by 8.0% during the 3rd quarter. TD Private Client Wealth LLC now owns 57,790 shares of the company’s stock valued at $3,052,000 after buying an additional 4,269 shares in the last quarter. Wealthquest Corp acquired a new stake in Vanguard FTSE Developed Markets ETF in the 3rd quarter valued at $1,089,000. Pine Valley Investments Ltd Liability Co increased its holdings in Vanguard FTSE Developed Markets ETF by 131.2% in the 3rd quarter. Pine Valley Investments Ltd Liability Co now owns 68,074 shares of the company’s stock worth $3,595,000 after acquiring an additional 38,624 shares in the last quarter. Finally, World Investment Advisors LLC raised its position in Vanguard FTSE Developed Markets ETF by 20.9% during the third quarter. World Investment Advisors LLC now owns 377,930 shares of the company’s stock worth $19,958,000 after acquiring an additional 65,376 shares during the period.

Vanguard FTSE Developed Markets ETF Stock Down 2.0 %

VEA opened at $48.09 on Friday. Vanguard FTSE Developed Markets ETF has a 52-week low of $45.14 and a 52-week high of $53.40. The firm’s fifty day simple moving average is $50.88 and its two-hundred day simple moving average is $50.26. The company has a market cap of $136.09 billion, a price-to-earnings ratio of 15.89 and a beta of 0.86.

Vanguard FTSE Developed Markets ETF Cuts Dividend

The company also recently disclosed 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 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.