Wellspring Financial Advisors LLC Increases Stock Holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Wellspring Financial Advisors LLC raised its holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 18.3% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 9,456 shares of the company’s stock after buying an additional 1,466 shares during the quarter. Wellspring Financial Advisors LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $452,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in VEA. Envestnet Asset Management Inc. raised its position in shares of Vanguard FTSE Developed Markets ETF by 1.7% in the 4th quarter. Envestnet Asset Management Inc. now owns 98,087,890 shares of the company’s stock valued at $4,690,563,000 after purchasing an additional 1,599,089 shares during the last quarter. Wells Fargo & Company MN increased its stake in Vanguard FTSE Developed Markets ETF by 4.0% during the 4th quarter. Wells Fargo & Company MN now owns 65,258,786 shares of the company’s stock valued at $3,120,675,000 after purchasing an additional 2,488,154 shares in the last quarter. WealthNavi Inc. lifted its stake in shares of Vanguard FTSE Developed Markets ETF by 7.2% during the fourth quarter. WealthNavi Inc. now owns 49,426,996 shares of the company’s stock worth $2,363,599,000 after buying an additional 3,331,395 shares during the period. Brooklyn FI LLC lifted its stake in shares of Vanguard FTSE Developed Markets ETF by 6,702.3% during the fourth quarter. Brooklyn FI LLC now owns 35,997,541 shares of the company’s stock worth $1,806,348,000 after buying an additional 35,468,345 shares during the period. Finally, Sei Investments Co. grew its holdings in shares of Vanguard FTSE Developed Markets ETF by 3.5% during the fourth quarter. Sei Investments Co. now owns 27,738,297 shares of the company’s stock valued at $1,326,446,000 after buying an additional 931,799 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Price Performance

Shares of VEA stock opened at $46.91 on Monday. The business has a fifty day moving average of $51.20 and a 200 day moving average of $50.45. Vanguard FTSE Developed Markets ETF has a 1 year low of $44.85 and a 1 year high of $53.40. The firm has a market capitalization of $132.76 billion, a price-to-earnings ratio of 15.89 and a beta of 0.86.

Vanguard FTSE Developed Markets ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Tuesday, March 25th. Stockholders of record on Friday, March 21st were paid a $0.2422 dividend. 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.