Lee Danner & Bass Inc. Takes Position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Lee Danner & Bass Inc. acquired a new stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 7,842 shares of the company’s stock, valued at approximately $375,000.

Several other hedge funds and other institutional investors have also made changes to their positions in VEA. Brooklyn FI LLC raised its holdings in Vanguard FTSE Developed Markets ETF by 6,702.3% in the fourth quarter. Brooklyn FI LLC now owns 35,997,541 shares of the company’s stock valued at $1,806,348,000 after acquiring an additional 35,468,345 shares in the last quarter. Raymond James Financial Inc. acquired a new stake in Vanguard FTSE Developed Markets ETF in the fourth quarter valued at approximately $563,154,000. Strategic Financial Concepts LLC raised its holdings in Vanguard FTSE Developed Markets ETF by 5,780.9% in the fourth quarter. Strategic Financial Concepts LLC now owns 10,808,939 shares of the company’s stock valued at $516,883,000 after acquiring an additional 10,625,142 shares in the last quarter. US Bancorp DE raised its holdings 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 in the last quarter. Finally, Life Planning Partners Inc raised its holdings in Vanguard FTSE Developed Markets ETF by 4,722.9% in the fourth quarter. Life Planning Partners Inc now owns 4,370,665 shares of the company’s stock valued at $209,005,000 after acquiring an additional 4,280,041 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Trading Down 1.0 %

VEA stock opened at $52.05 on Friday. Vanguard FTSE Developed Markets ETF has a twelve month low of $46.80 and a twelve month high of $53.40. The company’s 50 day moving average is $50.75 and its two-hundred day moving average is $50.48. The stock has a market cap of $146.26 billion, a P/E ratio of 16.97 and a beta of 0.92.

Vanguard FTSE Developed Markets ETF Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Tuesday, March 25th. Shareholders of record on Friday, March 21st will be issued a dividend of $0.2422 per share. The ex-dividend date of this dividend is 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.