17,964 Shares in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) Acquired by Potomac Fund Management Inc. ADV

Potomac Fund Management Inc. ADV purchased 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 filing with the Securities and Exchange Commission (SEC). The firm purchased 17,964 shares of the company’s stock, valued at approximately $859,000.

Other institutional investors also recently modified their holdings of the company. May Hill Capital LLC bought a new position in Vanguard FTSE Developed Markets ETF in the 4th quarter worth $2,375,000. Headlands Technologies LLC grew its position in shares of Vanguard FTSE Developed Markets ETF by 65.2% in the fourth quarter. Headlands Technologies LLC now owns 702 shares of the company’s stock valued at $34,000 after purchasing an additional 277 shares during the last quarter. StoneX Group Inc. increased its stake in shares of Vanguard FTSE Developed Markets ETF by 27.9% in the fourth quarter. StoneX Group Inc. now owns 57,440 shares of the company’s stock worth $2,747,000 after purchasing an additional 12,531 shares during the period. Riggs Capital Management LLC acquired a new position in shares of Vanguard FTSE Developed Markets ETF during the 4th quarter worth about $217,000. Finally, Seven Mile Advisory boosted its stake in Vanguard FTSE Developed Markets ETF by 0.7% during the 4th quarter. Seven Mile Advisory now owns 27,400 shares of the company’s stock valued at $1,310,000 after purchasing an additional 198 shares during the period.

Vanguard FTSE Developed Markets ETF Stock Up 0.4 %

VEA opened at $51.01 on Wednesday. The stock’s 50 day moving average price is $51.22 and its two-hundred day moving average price is $50.50. The firm has a market capitalization of $144.36 billion, a P/E ratio of 15.89 and a beta of 0.86. 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 announced a dividend, which was paid on Tuesday, March 25th. Investors of record on Friday, March 21st were given a dividend of $0.2422 per share. The ex-dividend date 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.