LPL Financial LLC Acquires 4,757,301 Shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

LPL Financial LLC boosted its position in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 21.3% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 27,040,599 shares of the company’s stock after buying an additional 4,757,301 shares during the quarter. 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’s holdings in Vanguard FTSE Developed Markets ETF were worth $1,293,081,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of VEA. Segall Bryant & Hamill LLC acquired a new position in Vanguard FTSE Developed Markets ETF during the 3rd quarter worth $627,000. Jennison Associates LLC lifted its holdings in Vanguard FTSE Developed Markets ETF by 525.5% during the 3rd quarter. Jennison Associates LLC now owns 38,779 shares of the company’s stock worth $2,048,000 after buying an additional 32,579 shares in the last quarter. Thompson Siegel & Walmsley LLC lifted its holdings in Vanguard FTSE Developed Markets ETF by 2.3% during the 3rd quarter. Thompson Siegel & Walmsley LLC now owns 25,288 shares of the company’s stock worth $1,335,000 after buying an additional 572 shares in the last quarter. Meridian Wealth Management LLC acquired a new position in Vanguard FTSE Developed Markets ETF during the 3rd quarter worth $3,121,000. Finally, GenTrust LLC lifted its holdings in Vanguard FTSE Developed Markets ETF by 51.3% during the 3rd quarter. GenTrust LLC now owns 127,674 shares of the company’s stock worth $6,742,000 after buying an additional 43,279 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Stock Performance

NYSEARCA:VEA opened at $52.05 on Friday. The stock’s fifty day moving average price is $50.75 and its two-hundred day moving average price is $50.48. The company has a market cap of $146.26 billion, a price-to-earnings 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.

Vanguard FTSE Developed Markets ETF Cuts Dividend

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