Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) Shares Acquired by Truepoint Inc.

Truepoint Inc. grew its holdings in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 5.6% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 5,468,003 shares of the company’s stock after purchasing an additional 289,008 shares during the period. Vanguard FTSE Developed Markets ETF comprises 7.0% of Truepoint Inc.’s holdings, making the stock its 5th largest holding. Truepoint Inc.’s holdings in Vanguard FTSE Developed Markets ETF were worth $261,480,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in VEA. WealthNavi Inc. boosted its stake in shares of Vanguard FTSE Developed Markets ETF by 7.2% in the fourth quarter. WealthNavi Inc. now owns 49,426,996 shares of the company’s stock valued at $2,363,599,000 after buying an additional 3,331,395 shares during the period. Brooklyn FI LLC raised its holdings in Vanguard FTSE Developed Markets ETF by 6,702.3% in the 4th quarter. Brooklyn FI LLC now owns 35,997,541 shares of the company’s stock valued at $1,806,348,000 after acquiring an additional 35,468,345 shares in the last quarter. US Bancorp DE lifted its position in shares of Vanguard FTSE Developed Markets ETF by 56.6% during the 4th quarter. US Bancorp DE now owns 23,812,753 shares of the company’s stock valued at $1,138,726,000 after acquiring an additional 8,608,172 shares during the period. LPL Financial LLC grew its holdings in shares of Vanguard FTSE Developed Markets ETF by 4.5% during the 3rd quarter. LPL Financial LLC now owns 22,283,298 shares of the company’s stock worth $1,176,781,000 after purchasing an additional 954,457 shares in the last quarter. Finally, Bank of New York Mellon Corp increased its position in shares of Vanguard FTSE Developed Markets ETF by 6.1% in the fourth quarter. Bank of New York Mellon Corp now owns 16,564,449 shares of the company’s stock worth $792,112,000 after purchasing an additional 957,258 shares during the period.

Vanguard FTSE Developed Markets ETF Stock Down 0.8 %

VEA opened at $52.58 on Friday. The stock has a market capitalization of $147.75 billion, a price-to-earnings ratio of 16.97 and a beta of 0.92. Vanguard FTSE Developed Markets ETF has a twelve month low of $46.80 and a twelve month high of $53.40. The company has a 50-day simple moving average of $50.66 and a 200 day simple moving average of $50.49.

Vanguard FTSE Developed Markets ETF Cuts Dividend

The company also recently declared a dividend, which will be paid on Tuesday, March 25th. Stockholders of record on Friday, March 21st will be issued a dividend of $0.2422 per share. 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.