KCM Investment Advisors LLC Acquires 497 Shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

KCM Investment Advisors LLC grew its holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 2.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 23,390 shares of the company’s stock after purchasing an additional 497 shares during the period. KCM Investment Advisors LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $1,119,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of VEA. Wells Fargo & Company MN lifted its position in shares of Vanguard FTSE Developed Markets ETF by 4.0% during the fourth quarter. Wells Fargo & Company MN now owns 65,258,786 shares of the company’s stock worth $3,120,675,000 after acquiring an additional 2,488,154 shares in the last quarter. WealthNavi Inc. grew its holdings in Vanguard FTSE Developed Markets ETF by 7.2% during the 4th quarter. WealthNavi Inc. now owns 49,426,996 shares of the company’s stock valued at $2,363,599,000 after buying an additional 3,331,395 shares in the last quarter. Brooklyn FI LLC grew its holdings in Vanguard FTSE Developed Markets ETF by 6,702.3% during the 4th quarter. Brooklyn FI LLC now owns 35,997,541 shares of the company’s stock valued at $1,806,348,000 after buying an additional 35,468,345 shares in the last quarter. Sei Investments Co. increased its position 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 period. Finally, LPL Financial LLC lifted its holdings in shares of Vanguard FTSE Developed Markets ETF by 21.3% in the fourth quarter. LPL Financial LLC now owns 27,040,599 shares of the company’s stock worth $1,293,081,000 after buying an additional 4,757,301 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Trading Down 6.3 %

Shares of NYSEARCA:VEA opened at $46.91 on Friday. The company has a 50 day moving average of $51.20 and a 200 day moving average of $50.46. The stock has a market cap of $132.76 billion, a P/E ratio of 15.89 and a beta of 0.86. 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 company also recently declared a dividend, which was paid on Tuesday, March 25th. Stockholders of record on Friday, March 21st were given a dividend of $0.2422 per share. The ex-dividend date was Friday, March 21st.

About Vanguard FTSE Developed Markets ETF

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.