Congress Wealth Management LLC DE Has $12.81 Million Stock Position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Congress Wealth Management LLC DE boosted its holdings in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 7.1% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 267,964 shares of the company’s stock after acquiring an additional 17,869 shares during the quarter. Congress Wealth Management LLC DE’s holdings in Vanguard FTSE Developed Markets ETF were worth $12,814,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently bought and sold shares of VEA. FCA Corp TX boosted its stake in shares of Vanguard FTSE Developed Markets ETF by 2.2% during the 4th quarter. FCA Corp TX now owns 218,993 shares of the company’s stock worth $10,472,000 after acquiring an additional 4,800 shares during the period. Vanguard Group Inc. lifted its holdings in Vanguard FTSE Developed Markets ETF by 4.7% during the 4th quarter. Vanguard Group Inc. now owns 18,800,583 shares of the company’s stock valued at $899,044,000 after purchasing an additional 851,256 shares during the last quarter. Meridian Wealth Advisors LLC boosted its position in Vanguard FTSE Developed Markets ETF by 4.6% during the fourth quarter. Meridian Wealth Advisors LLC now owns 111,468 shares of the company’s stock worth $5,330,000 after purchasing an additional 4,952 shares during the period. Meridian Wealth Partners LLC increased its holdings in shares of Vanguard FTSE Developed Markets ETF by 47.4% in the fourth quarter. Meridian Wealth Partners LLC now owns 12,141 shares of the company’s stock valued at $581,000 after purchasing an additional 3,905 shares during the last quarter. Finally, LPL Financial LLC raised its position in shares of Vanguard FTSE Developed Markets ETF by 21.3% in the fourth quarter. LPL Financial LLC now owns 27,040,599 shares of the company’s stock valued at $1,293,081,000 after purchasing an additional 4,757,301 shares during the period.

Vanguard FTSE Developed Markets ETF Stock Performance

Shares of VEA stock opened at $52.12 on Tuesday. Vanguard FTSE Developed Markets ETF has a 52 week low of $46.80 and a 52 week high of $53.40. The company has a market capitalization of $146.46 billion, a price-to-earnings ratio of 16.97 and a beta of 0.92. The company has a 50-day simple moving average of $50.85 and a 200 day simple moving average of $50.48.

Vanguard FTSE Developed Markets ETF Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Tuesday, March 25th. Stockholders 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.