Umpqua Bank Makes New $237,000 Investment in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Umpqua Bank acquired a new stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) during the fourth quarter, according to its most recent filing with the SEC. The firm acquired 4,981 shares of the company’s stock, valued at approximately $237,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Brooklyn FI LLC raised its position in shares of Vanguard FTSE Developed Markets ETF by 6,702.3% during the 4th 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 during the last quarter. Raymond James Financial Inc. bought a new stake in Vanguard FTSE Developed Markets ETF in the fourth quarter valued at about $563,154,000. Strategic Financial Concepts LLC lifted its stake 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 buying an additional 10,625,142 shares during the period. US Bancorp DE boosted its holdings in Vanguard FTSE Developed Markets ETF by 56.6% during the fourth quarter. US Bancorp DE now owns 23,812,753 shares of the company’s stock worth $1,138,726,000 after buying an additional 8,608,172 shares during the last quarter. Finally, Life Planning Partners Inc grew its position in shares of Vanguard FTSE Developed Markets ETF by 4,722.9% during the 4th quarter. Life Planning Partners Inc now owns 4,370,665 shares of the company’s stock worth $209,005,000 after buying an additional 4,280,041 shares during the period.

Vanguard FTSE Developed Markets ETF Price Performance

Shares of VEA stock opened at $52.05 on Friday. The stock has a market cap of $146.26 billion, a PE ratio of 16.97 and a beta of 0.92. The stock has a 50-day moving average of $50.75 and a 200-day moving average of $50.48. Vanguard FTSE Developed Markets ETF has a one year low of $46.80 and a one year high of $53.40.

Vanguard FTSE Developed Markets ETF Cuts Dividend

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