Foundation Wealth Management LLC PA Invests $3.16 Million in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Foundation Wealth Management LLC PA purchased a new stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 66,024 shares of the company’s stock, valued at approximately $3,157,000. Vanguard FTSE Developed Markets ETF accounts for about 1.5% of Foundation Wealth Management LLC PA’s investment portfolio, making the stock its 21st largest holding.

A number of other institutional investors also recently modified their holdings of the business. Sellwood Investment Partners LLC bought a new stake in Vanguard FTSE Developed Markets ETF during the 4th quarter valued at $26,000. Kozak & Associates Inc. raised its stake in shares of Vanguard FTSE Developed Markets ETF by 268.0% during 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. Decker Retirement Planning Inc. purchased a new stake in Vanguard FTSE Developed Markets ETF during the 4th quarter worth about $29,000. Keystone Financial Group Inc. bought a new position in Vanguard FTSE Developed Markets ETF in the 4th quarter worth about $32,000. Finally, Crews Bank & Trust purchased a new position in Vanguard FTSE Developed Markets ETF during the 4th quarter valued at about $37,000.

Vanguard FTSE Developed Markets ETF Stock Down 1.2 %

Shares of VEA opened at $51.77 on Thursday. The business’s 50-day moving average price is $51.02 and its 200-day moving average price is $50.50. Vanguard FTSE Developed Markets ETF has a twelve month low of $46.80 and a twelve month high of $53.40. The stock has a market cap of $145.47 billion, a PE ratio of 16.97 and a beta of 0.92.

Vanguard FTSE Developed Markets ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Tuesday, March 25th. Investors of record on Friday, March 21st were issued 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.