Meridian Wealth Partners LLC Increases Holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Meridian Wealth Partners LLC raised its stake in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 47.4% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 12,141 shares of the company’s stock after buying an additional 3,905 shares during the quarter. Meridian Wealth Partners LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $581,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Brooklyn FI LLC raised its stake in shares of Vanguard FTSE Developed Markets ETF by 6,702.3% in the fourth quarter. Brooklyn FI LLC now owns 35,997,541 shares of the company’s stock worth $1,806,348,000 after purchasing an additional 35,468,345 shares during the last quarter. Raymond James Financial Inc. purchased a new position in shares of Vanguard FTSE Developed Markets ETF in the fourth quarter worth $563,154,000. Strategic Financial Concepts LLC raised its stake in shares of 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 worth $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% in the fourth 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 last quarter. Finally, LPL Financial LLC raised its stake in shares of Vanguard FTSE Developed Markets ETF by 21.3% in the fourth quarter. LPL Financial LLC now owns 27,040,599 shares of the company’s stock worth $1,293,081,000 after purchasing an additional 4,757,301 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Price Performance

VEA stock opened at $52.05 on Friday. Vanguard FTSE Developed Markets ETF has a 1-year low of $46.80 and a 1-year high of $53.40. The business has a fifty day moving average price of $50.75 and a 200-day moving average price of $50.48. The stock has a market capitalization of $146.26 billion, a P/E ratio of 16.97 and a beta of 0.92.

Vanguard FTSE Developed Markets ETF Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Tuesday, March 25th. Investors of record on Friday, March 21st will be given a dividend of $0.2422 per share. 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.