Foundation Wealth Management LLC PA Takes $3.16 Million Position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Foundation Wealth Management LLC PA bought a new stake in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 66,024 shares of the company’s stock, valued at approximately $3,157,000. Vanguard FTSE Developed Markets ETF comprises about 1.5% of Foundation Wealth Management LLC PA’s holdings, making the stock its 21st largest position.

Several other institutional investors have also bought and sold shares of VEA. Brooklyn FI LLC increased its position in shares of Vanguard FTSE Developed Markets ETF by 6,702.3% during 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 during the last quarter. Raymond James Financial Inc. bought a new position in Vanguard FTSE Developed Markets ETF in the 4th quarter valued at $563,154,000. Strategic Financial Concepts LLC increased its position in shares of Vanguard FTSE Developed Markets ETF by 5,780.9% during the 4th quarter. Strategic Financial Concepts LLC now owns 10,808,939 shares of the company’s stock valued at $516,883,000 after purchasing an additional 10,625,142 shares during the last quarter. US Bancorp DE raised its stake in shares of Vanguard FTSE Developed Markets ETF by 56.6% during the 4th quarter. US Bancorp DE now owns 23,812,753 shares of the company’s stock worth $1,138,726,000 after purchasing an additional 8,608,172 shares during the period. Finally, LPL Financial LLC boosted its holdings in shares of Vanguard FTSE Developed Markets ETF by 21.3% in the 4th quarter. LPL Financial LLC now owns 27,040,599 shares of the company’s stock worth $1,293,081,000 after buying an additional 4,757,301 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Stock Performance

NYSEARCA VEA opened at $51.77 on Thursday. The company has a market capitalization of $145.47 billion, a PE 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. The company has a 50-day simple moving average of $51.02 and a 200 day simple moving average of $50.50.

Vanguard FTSE Developed Markets ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Tuesday, March 25th. Stockholders of record on Friday, March 21st were paid a dividend of $0.2422 per share. The ex-dividend date was 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.