Lee Danner & Bass Inc. Takes $375,000 Position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Lee Danner & Bass Inc. acquired a new stake in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) in the fourth quarter, HoldingsChannel.com reports. The institutional investor acquired 7,842 shares of the company’s stock, valued at approximately $375,000.

Other institutional investors and hedge funds also recently modified their holdings of the company. Segall Bryant & Hamill LLC purchased a new stake in shares of Vanguard FTSE Developed Markets ETF during the 3rd quarter worth about $627,000. Jennison Associates LLC grew its holdings in shares of Vanguard FTSE Developed Markets ETF by 525.5% during the 3rd quarter. Jennison Associates LLC now owns 38,779 shares of the company’s stock worth $2,048,000 after purchasing an additional 32,579 shares during the period. Cypress Capital Group purchased a new stake in shares of Vanguard FTSE Developed Markets ETF during the 3rd quarter worth about $298,000. Thompson Siegel & Walmsley LLC grew its holdings in shares of Vanguard FTSE Developed Markets ETF by 2.3% during the 3rd quarter. Thompson Siegel & Walmsley LLC now owns 25,288 shares of the company’s stock worth $1,335,000 after purchasing an additional 572 shares during the period. Finally, L & S Advisors Inc grew its holdings in shares of Vanguard FTSE Developed Markets ETF by 2.2% during the 3rd quarter. L & S Advisors Inc now owns 27,653 shares of the company’s stock worth $1,460,000 after purchasing an additional 608 shares during the period.

Vanguard FTSE Developed Markets ETF Stock Performance

Shares of NYSEARCA:VEA opened at $52.05 on Friday. 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 market capitalization of $146.26 billion, a P/E ratio of 16.97 and a beta of 0.92. The stock has a 50-day simple moving average of $50.75 and a 200-day simple moving average of $50.48.

Vanguard FTSE Developed Markets ETF Cuts Dividend

The company also recently announced a dividend, which will be paid on Tuesday, March 25th. Stockholders of record on Friday, March 21st will be issued a dividend of $0.2422 per share. The ex-dividend date is 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.