Meridian Wealth Advisors LLC Acquires 4,952 Shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Meridian Wealth Advisors LLC increased its position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 4.6% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 111,468 shares of the company’s stock after purchasing an additional 4,952 shares during the period. Meridian Wealth Advisors LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $5,330,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in VEA. Sanctuary Advisors LLC grew its stake in shares of Vanguard FTSE Developed Markets ETF by 2.6% during the fourth quarter. Sanctuary Advisors LLC now owns 606,210 shares of the company’s stock valued at $30,565,000 after buying an additional 15,300 shares during the last quarter. Advance Capital Management Inc. lifted its holdings in shares of Vanguard FTSE Developed Markets ETF by 14.3% during the 4th quarter. Advance Capital Management Inc. now owns 13,711 shares of the company’s stock valued at $656,000 after purchasing an additional 1,711 shares during the last quarter. Kozak & Associates Inc. lifted its holdings 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 last quarter. First County Bank CT lifted its holdings in shares of Vanguard FTSE Developed Markets ETF by 18.0% during the 4th quarter. First County Bank CT now owns 13,089 shares of the company’s stock valued at $626,000 after purchasing an additional 1,993 shares during the last quarter. Finally, Highview Capital Management LLC DE raised its stake in Vanguard FTSE Developed Markets ETF by 3.4% in the 4th quarter. Highview Capital Management LLC DE now owns 190,918 shares of the company’s stock worth $9,130,000 after acquiring an additional 6,282 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Price Performance

Shares of VEA stock opened at $52.05 on Friday. The business has a fifty day moving average of $50.75 and a 200 day moving average of $50.48. The firm has a market capitalization 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 1 year low of $46.80 and a 1 year high of $53.40.

Vanguard FTSE Developed Markets ETF Cuts Dividend

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