Meridian Wealth Partners LLC Buys 3,905 Shares of 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 4th quarter, HoldingsChannel.com reports. The firm owned 12,141 shares of the company’s stock after purchasing an additional 3,905 shares during the period. Meridian Wealth Partners LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $581,000 as of its most recent filing with the SEC.

Several other hedge funds have also bought and sold shares of the stock. Brooklyn FI LLC boosted 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 acquiring an additional 35,468,345 shares during the period. Raymond James Financial Inc. bought a new position in shares of Vanguard FTSE Developed Markets ETF in the fourth quarter worth about $563,154,000. Strategic Financial Concepts LLC boosted 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 acquiring an additional 10,625,142 shares during the period. US Bancorp DE boosted 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 acquiring an additional 8,608,172 shares during the period. Finally, LPL Financial LLC boosted 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 acquiring an additional 4,757,301 shares during the period.

Vanguard FTSE Developed Markets ETF Stock Down 1.0 %

NYSEARCA VEA opened at $52.05 on Friday. The firm has a market cap of $146.26 billion, a price-to-earnings ratio of 16.97 and a beta of 0.92. The business has a 50-day moving average price of $50.75 and a 200-day moving average price of $50.48. Vanguard FTSE Developed Markets ETF has a twelve month low of $46.80 and a twelve month high of $53.40.

Vanguard FTSE Developed Markets ETF Cuts Dividend

The company also recently announced a dividend, which will be paid on Tuesday, March 25th. Investors of record on Friday, March 21st will be given a $0.2422 dividend. The ex-dividend date 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.