Rockbridge Investment Management LCC Cuts Stock Position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Rockbridge Investment Management LCC lessened its holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 4.0% during the fourth quarter, Holdings Channel.com reports. The firm owned 182,997 shares of the company’s stock after selling 7,593 shares during the quarter. Vanguard FTSE Developed Markets ETF makes up 1.1% of Rockbridge Investment Management LCC’s investment portfolio, making the stock its 17th largest position. Rockbridge Investment Management LCC’s holdings in Vanguard FTSE Developed Markets ETF were worth $8,751,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of VEA. Sellwood Investment Partners LLC purchased a new position in Vanguard FTSE Developed Markets ETF in the 4th quarter valued at about $26,000. Kozak & Associates Inc. grew its position in Vanguard FTSE Developed Markets ETF by 268.0% during the fourth quarter. Kozak & Associates Inc. now owns 563 shares of the company’s stock valued at $27,000 after acquiring an additional 410 shares during the period. Decker Retirement Planning Inc. acquired a new stake in Vanguard FTSE Developed Markets ETF during the 4th quarter worth approximately $29,000. Keystone Financial Group Inc. acquired a new position in shares of Vanguard FTSE Developed Markets ETF during the 4th quarter valued at $32,000. Finally, Crews Bank & Trust purchased a new stake in shares of Vanguard FTSE Developed Markets ETF in the fourth quarter worth about $37,000.

Vanguard FTSE Developed Markets ETF Price Performance

Vanguard FTSE Developed Markets ETF stock opened at $51.77 on Thursday. The company has a market capitalization of $145.47 billion, a price-to-earnings ratio of 16.97 and a beta of 0.92. Vanguard FTSE Developed Markets ETF has a 12-month low of $46.80 and a 12-month high of $53.40. The firm’s fifty day moving average price is $51.02 and its 200 day moving average price is $50.50.

Vanguard FTSE Developed Markets ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Tuesday, March 25th. Investors of record on Friday, March 21st were given 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.