IPG Investment Advisors LLC Makes New Investment in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

IPG Investment Advisors LLC acquired a new stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 11,268 shares of the company’s stock, valued at approximately $539,000.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Life Planning Partners Inc grew its holdings in shares of Vanguard FTSE Developed Markets ETF by 0.9% during the fourth quarter. Life Planning Partners Inc now owns 91,398 shares of the company’s stock worth $4,371,000 after purchasing an additional 774 shares during the last quarter. Stage Harbor Financial LLC purchased a new position in Vanguard FTSE Developed Markets ETF during the 4th quarter worth approximately $247,000. RWA Wealth Partners LLC lifted its stake in Vanguard FTSE Developed Markets ETF by 3.2% in the fourth quarter. RWA Wealth Partners LLC now owns 11,229,385 shares of the company’s stock valued at $536,989,000 after buying an additional 351,976 shares during the last quarter. Barrow Hanley Mewhinney & Strauss LLC purchased a new position in shares of Vanguard FTSE Developed Markets ETF during the fourth quarter worth approximately $10,959,000. Finally, Arrowstreet Capital Limited Partnership grew its position in shares of Vanguard FTSE Developed Markets ETF by 116.4% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 354,579 shares of the company’s stock worth $16,956,000 after acquiring an additional 190,732 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Price Performance

VEA stock opened at $51.24 on Friday. The company has a market cap of $143.98 billion, a price-to-earnings ratio of 16.97 and a beta of 0.92. The company has a fifty day moving average price of $51.14 and a 200 day moving average price of $50.51. Vanguard FTSE Developed Markets ETF has a 12 month low of $46.80 and a 12 month high of $53.40.

Vanguard FTSE Developed Markets ETF Cuts Dividend

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