JPMorgan Chase & Co. Increases Stock Position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

JPMorgan Chase & Co. increased its stake in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 7.6% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 11,661,908 shares of the company’s stock after purchasing an additional 824,114 shares during the period. JPMorgan Chase & Co.’s holdings in Vanguard FTSE Developed Markets ETF were worth $557,673,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently made changes to their positions in the company. Sellwood Investment Partners LLC bought a new stake in Vanguard FTSE Developed Markets ETF in the 4th quarter worth approximately $26,000. Kozak & Associates Inc. boosted its stake in shares of Vanguard FTSE Developed Markets ETF by 268.0% in the 4th quarter. Kozak & Associates Inc. now owns 563 shares of the company’s stock worth $27,000 after buying an additional 410 shares during the last quarter. Decker Retirement Planning Inc. bought a new stake in shares of Vanguard FTSE Developed Markets ETF in the fourth quarter worth $29,000. Keystone Financial Group Inc. purchased a new stake in Vanguard FTSE Developed Markets ETF during the fourth quarter valued at $32,000. Finally, Roxbury Financial LLC purchased a new stake in Vanguard FTSE Developed Markets ETF during the fourth quarter valued at $37,000.

Vanguard FTSE Developed Markets ETF Stock Performance

Shares of NYSEARCA:VEA opened at $51.24 on Friday. The stock’s 50-day simple moving average is $51.14 and its two-hundred day simple moving average is $50.51. The stock has a market capitalization of $143.98 billion, a price-to-earnings ratio of 16.97 and a beta of 0.92. Vanguard FTSE Developed Markets ETF has a 52-week low of $46.80 and a 52-week high of $53.40.

Vanguard FTSE Developed Markets ETF Cuts Dividend

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