Okabena Investment Services Inc. Grows Stock Holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Okabena Investment Services Inc. grew its stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 21.8% in the fourth quarter, Holdings Channel.com reports. The firm owned 189,977 shares of the company’s stock after acquiring an additional 34,001 shares during the quarter. Vanguard FTSE Developed Markets ETF makes up approximately 2.5% of Okabena Investment Services Inc.’s investment portfolio, making the stock its 11th biggest position. Okabena Investment Services Inc.’s holdings in Vanguard FTSE Developed Markets ETF were worth $9,085,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Brown Lisle Cummings Inc. grew its holdings in Vanguard FTSE Developed Markets ETF by 5.5% in the 4th quarter. Brown Lisle Cummings Inc. now owns 3,842 shares of the company’s stock valued at $184,000 after buying an additional 200 shares in the last quarter. O Connor Financial Group LLC boosted its position in shares of Vanguard FTSE Developed Markets ETF by 3.4% during the 4th quarter. O Connor Financial Group LLC now owns 6,318 shares of the company’s stock valued at $302,000 after acquiring an additional 210 shares during the last quarter. O Dell Group LLC grew its holdings in shares of Vanguard FTSE Developed Markets ETF by 1.3% in the fourth quarter. O Dell Group LLC now owns 16,346 shares of the company’s stock valued at $782,000 after purchasing an additional 216 shares during the period. Crewe Advisors LLC increased its position in Vanguard FTSE Developed Markets ETF by 0.8% during the fourth quarter. Crewe Advisors LLC now owns 29,257 shares of the company’s stock worth $1,399,000 after purchasing an additional 230 shares during the last quarter. Finally, Arrowroot Family Office LLC grew its stake in shares of Vanguard FTSE Developed Markets ETF by 0.3% in the 3rd quarter. Arrowroot Family Office LLC now owns 76,126 shares of the company’s stock valued at $4,020,000 after buying an additional 231 shares during the period.

Vanguard FTSE Developed Markets ETF Trading Down 1.1 %

Shares of VEA opened at $51.24 on Friday. The firm has a market cap of $143.98 billion, a P/E ratio of 16.97 and a beta of 0.92. The company’s 50-day moving average price is $51.14 and its 200 day moving average price is $50.51. 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 issued a $0.2422 dividend. 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.