Summit Financial LLC Buys 26,429 Shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Summit Financial LLC boosted its position in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 5.4% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 512,606 shares of the company’s stock after acquiring an additional 26,429 shares during the period. Vanguard FTSE Developed Markets ETF makes up approximately 0.9% of Summit Financial LLC’s holdings, making the stock its 17th largest holding. Summit Financial LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $24,513,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Sellwood Investment Partners LLC bought a new position in shares of Vanguard FTSE Developed Markets ETF during the 4th quarter worth about $26,000. Kozak & Associates Inc. raised its position in Vanguard FTSE Developed Markets ETF by 268.0% in the fourth quarter. Kozak & Associates Inc. now owns 563 shares of the company’s stock worth $27,000 after purchasing an additional 410 shares in the last quarter. Decker Retirement Planning Inc. acquired a new position in Vanguard FTSE Developed Markets ETF in the fourth quarter worth about $29,000. Keystone Financial Group Inc. acquired a new stake in Vanguard FTSE Developed Markets ETF during the fourth quarter valued at approximately $32,000. Finally, Roxbury Financial LLC acquired a new stake in Vanguard FTSE Developed Markets ETF during the fourth quarter valued at approximately $37,000.

Vanguard FTSE Developed Markets ETF Trading Down 1.1 %

Shares of VEA opened at $51.24 on Monday. The stock has a market cap of $143.98 billion, a PE 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. The stock has a 50 day simple moving average of $51.14 and a 200-day simple moving average of $50.51.

Vanguard FTSE Developed Markets ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, March 25th. Shareholders 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 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.