Resolute Advisors LLC Boosts Holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Resolute Advisors LLC grew its stake in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 6.9% in the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 118,330 shares of the company’s stock after buying an additional 7,610 shares during the period. Vanguard FTSE Developed Markets ETF makes up 1.1% of Resolute Advisors LLC’s investment portfolio, making the stock its 9th biggest holding. Resolute Advisors LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $5,659,000 as of its most recent filing with the SEC.

Several other hedge funds have also made changes to their positions in the stock. WealthNavi Inc. lifted its position in shares of Vanguard FTSE Developed Markets ETF by 7.2% in the 4th quarter. WealthNavi Inc. now owns 49,426,996 shares of the company’s stock worth $2,363,599,000 after acquiring an additional 3,331,395 shares during the period. Brooklyn FI LLC increased its holdings in Vanguard FTSE Developed Markets ETF by 6,702.3% in the 4th 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 during the period. Sei Investments Co. raised its stake in shares of Vanguard FTSE Developed Markets ETF by 3.5% in the 4th quarter. Sei Investments Co. now owns 27,738,297 shares of the company’s stock valued at $1,326,446,000 after buying an additional 931,799 shares in the last quarter. LPL Financial LLC lifted its holdings in shares of Vanguard FTSE Developed Markets ETF by 21.3% during the 4th quarter. LPL Financial LLC now owns 27,040,599 shares of the company’s stock worth $1,293,081,000 after acquiring an additional 4,757,301 shares during the period. Finally, US Bancorp DE increased its stake in Vanguard FTSE Developed Markets ETF by 56.6% in 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.

Vanguard FTSE Developed Markets ETF Stock Down 2.1 %

NYSEARCA:VEA opened at $50.08 on Friday. The firm has a 50-day moving average price of $51.26 and a 200 day moving average price of $50.50. The firm has a market capitalization of $141.73 billion, a PE ratio of 15.89 and a beta of 0.86. Vanguard FTSE Developed Markets ETF has a 12-month low of $46.80 and a 12-month high of $53.40.

Vanguard FTSE Developed Markets ETF Cuts Dividend

The business also recently announced 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.