Yoffe Investment Management LLC Purchases Shares of 13,703 Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Yoffe Investment Management LLC acquired a new position in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 13,703 shares of the company’s stock, valued at approximately $655,000.

Several other hedge funds and other institutional investors have also modified their holdings of VEA. Sellwood Investment Partners LLC purchased a new stake in shares of Vanguard FTSE Developed Markets ETF during the fourth quarter worth $26,000. Kozak & Associates Inc. increased its holdings in Vanguard FTSE Developed Markets ETF by 268.0% during the 4th quarter. Kozak & Associates Inc. now owns 563 shares of the company’s stock worth $27,000 after purchasing an additional 410 shares during the period. Decker Retirement Planning Inc. acquired a new stake in Vanguard FTSE Developed Markets ETF in the 4th quarter valued at about $29,000. Keystone Financial Group Inc. purchased a new position in shares of Vanguard FTSE Developed Markets ETF in the 4th quarter valued at about $32,000. Finally, Headlands Technologies LLC grew its position in shares of Vanguard FTSE Developed Markets ETF by 65.2% during the fourth quarter. Headlands Technologies LLC now owns 702 shares of the company’s stock worth $34,000 after buying an additional 277 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Stock Performance

VEA stock opened at $50.08 on Friday. The company’s 50 day moving average price is $51.26 and its 200 day moving average price is $50.50. The firm has a market capitalization of $141.73 billion, a price-to-earnings ratio of 15.89 and a beta of 0.86. Vanguard FTSE Developed Markets ETF has a fifty-two week low of $46.80 and a fifty-two week high of $53.40.

Vanguard FTSE Developed Markets ETF Cuts Dividend

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