Sand Hill Global Advisors LLC Raises Stock Holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Sand Hill Global Advisors LLC grew its stake in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 8.5% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 329,818 shares of the company’s stock after acquiring an additional 25,970 shares during the quarter. Vanguard FTSE Developed Markets ETF comprises about 0.7% of Sand Hill Global Advisors LLC’s investment portfolio, making the stock its 24th biggest holding. Sand Hill Global Advisors LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $15,772,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently made changes to their positions in the company. Renaissance Technologies LLC purchased a new stake in Vanguard FTSE Developed Markets ETF during the fourth quarter valued at $1,435,000. Canopy Partners LLC bought a new position in shares of Vanguard FTSE Developed Markets ETF in the 4th quarter worth approximately $225,000. Bank of Montreal Can boosted its holdings in shares of Vanguard FTSE Developed Markets ETF by 9.2% in the fourth quarter. Bank of Montreal Can now owns 1,138,045 shares of the company’s stock worth $54,421,000 after buying an additional 95,472 shares during the last quarter. Certior Financial Group LLC bought a new stake in Vanguard FTSE Developed Markets ETF during the fourth quarter valued at approximately $912,000. Finally, Wellspring Financial Advisors LLC grew its position in Vanguard FTSE Developed Markets ETF by 18.3% during the fourth quarter. Wellspring Financial Advisors LLC now owns 9,456 shares of the company’s stock valued at $452,000 after buying an additional 1,466 shares during the period.

Vanguard FTSE Developed Markets ETF Price Performance

Shares of Vanguard FTSE Developed Markets ETF stock opened at $45.89 on Tuesday. Vanguard FTSE Developed Markets ETF has a 1-year low of $45.15 and a 1-year high of $53.40. The company’s fifty day simple moving average is $51.11 and its 200-day simple moving average is $50.40. The stock has a market capitalization of $129.87 billion, a PE ratio of 15.89 and a beta of 0.86.

Vanguard FTSE Developed Markets ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, March 25th. Stockholders of record on Friday, March 21st were paid 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.