Potomac Fund Management Inc. ADV Invests $859,000 in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Potomac Fund Management Inc. ADV acquired a new stake in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 17,964 shares of the company’s stock, valued at approximately $859,000.

Other large investors have also modified their holdings of the company. May Hill Capital LLC acquired a new stake in Vanguard FTSE Developed Markets ETF during the fourth quarter worth $2,375,000. Headlands Technologies LLC lifted its holdings in shares of Vanguard FTSE Developed Markets ETF by 65.2% during the 4th quarter. Headlands Technologies LLC now owns 702 shares of the company’s stock worth $34,000 after acquiring an additional 277 shares during the period. StoneX Group Inc. boosted its position in shares of Vanguard FTSE Developed Markets ETF by 27.9% during the 4th quarter. StoneX Group Inc. now owns 57,440 shares of the company’s stock valued at $2,747,000 after acquiring an additional 12,531 shares in the last quarter. Riggs Capital Management LLC bought a new stake in Vanguard FTSE Developed Markets ETF in the fourth quarter valued at about $217,000. Finally, Seven Mile Advisory increased its stake in Vanguard FTSE Developed Markets ETF by 0.7% in the fourth quarter. Seven Mile Advisory now owns 27,400 shares of the company’s stock valued at $1,310,000 after acquiring an additional 198 shares during the period.

Vanguard FTSE Developed Markets ETF Stock Up 0.4 %

Shares of VEA opened at $51.01 on Wednesday. The company has a 50-day moving average price of $51.22 and a two-hundred day moving average price of $50.50. The stock has a market cap of $144.36 billion, a price-to-earnings ratio of 15.89 and a beta of 0.86. Vanguard FTSE Developed Markets ETF has a 12 month low of $46.80 and a 12 month high of $53.40.

Vanguard FTSE Developed Markets ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Tuesday, March 25th. Investors of record on Friday, March 21st were given a dividend of $0.2422 per share. The ex-dividend date of this dividend 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.