Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) is Covestor Ltd’s 4th Largest Position

Covestor Ltd grew its position in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 8.4% in the fourth quarter, Holdings Channel reports. The institutional investor owned 37,594 shares of the company’s stock after buying an additional 2,902 shares during the period. Vanguard FTSE Developed Markets ETF accounts for 1.1% of Covestor Ltd’s holdings, making the stock its 4th biggest holding. Covestor Ltd’s holdings in Vanguard FTSE Developed Markets ETF were worth $1,798,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Seven Mile Advisory increased its stake in shares of Vanguard FTSE Developed Markets ETF by 0.7% in the fourth quarter. Seven Mile Advisory now owns 27,400 shares of the company’s stock worth $1,310,000 after buying an additional 198 shares during the last quarter. Brown Lisle Cummings Inc. lifted its holdings in Vanguard FTSE Developed Markets ETF by 5.5% in the fourth quarter. Brown Lisle Cummings Inc. now owns 3,842 shares of the company’s stock worth $184,000 after purchasing an additional 200 shares during the period. ARK & TLK Investments LLC lifted its holdings in Vanguard FTSE Developed Markets ETF by 3.5% in the 4th quarter. ARK & TLK Investments LLC now owns 6,109 shares of the company’s stock valued at $292,000 after acquiring an additional 205 shares during the last quarter. O Connor Financial Group LLC lifted its holdings in Vanguard FTSE Developed Markets ETF by 3.4% in the 4th quarter. O Connor Financial Group LLC now owns 6,318 shares of the company’s stock valued at $302,000 after acquiring an additional 210 shares during the last quarter. Finally, O Dell Group LLC lifted its holdings in Vanguard FTSE Developed Markets ETF by 1.3% in the 4th quarter. O Dell Group LLC now owns 16,346 shares of the company’s stock valued at $782,000 after acquiring an additional 216 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Price Performance

NYSEARCA VEA traded down $0.97 on Thursday, hitting $48.09. 7,148,556 shares of the company were exchanged, compared to its average volume of 10,577,995. The firm has a market capitalization of $136.10 billion, a P/E ratio of 15.89 and a beta of 0.86. Vanguard FTSE Developed Markets ETF has a twelve month low of $45.14 and a twelve month high of $53.40. The company’s 50 day moving average price is $50.90 and its 200-day moving average price is $50.29.

Vanguard FTSE Developed Markets ETF Cuts Dividend

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

Vanguard FTSE Developed Markets ETF Company 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.