LPL Financial LLC Has $1.29 Billion Stock Position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

LPL Financial LLC grew its stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 21.3% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 27,040,599 shares of the company’s stock after purchasing an additional 4,757,301 shares during the period. Vanguard FTSE Developed Markets ETF makes up approximately 0.5% of LPL Financial LLC’s holdings, making the stock its 28th largest holding. LPL Financial LLC owned approximately 1.03% of Vanguard FTSE Developed Markets ETF worth $1,293,081,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Sanctuary Advisors LLC grew its stake in shares of Vanguard FTSE Developed Markets ETF by 2.6% in the 4th quarter. Sanctuary Advisors LLC now owns 606,210 shares of the company’s stock valued at $30,565,000 after purchasing an additional 15,300 shares during the period. Advance Capital Management Inc. grew its stake in shares of Vanguard FTSE Developed Markets ETF by 14.3% in the 4th quarter. Advance Capital Management Inc. now owns 13,711 shares of the company’s stock valued at $656,000 after purchasing an additional 1,711 shares during the period. Kozak & Associates Inc. grew its stake in shares of Vanguard FTSE Developed Markets ETF by 268.0% in the 4th quarter. Kozak & Associates Inc. now owns 563 shares of the company’s stock valued at $27,000 after purchasing an additional 410 shares during the period. First County Bank CT grew its stake in shares of Vanguard FTSE Developed Markets ETF by 18.0% in the 4th quarter. First County Bank CT now owns 13,089 shares of the company’s stock valued at $626,000 after purchasing an additional 1,993 shares during the period. Finally, Highview Capital Management LLC DE grew its stake in shares of Vanguard FTSE Developed Markets ETF by 3.4% in the 4th quarter. Highview Capital Management LLC DE now owns 190,918 shares of the company’s stock valued at $9,130,000 after purchasing an additional 6,282 shares during the period.

Vanguard FTSE Developed Markets ETF Trading Down 1.0 %

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 firm has a market cap of $146.26 billion, a P/E ratio of 16.97 and a beta of 0.92. The business’s 50 day moving average is $50.75 and its 200-day moving average is $50.48.

Vanguard FTSE Developed Markets ETF Cuts Dividend

The firm also recently declared 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.

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.