Okabena Investment Services Inc. Boosts Stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Okabena Investment Services Inc. lifted its holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 21.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 189,977 shares of the company’s stock after purchasing an additional 34,001 shares during the period. Vanguard FTSE Developed Markets ETF comprises about 2.5% of Okabena Investment Services Inc.’s portfolio, making the stock its 11th largest holding. Okabena Investment Services Inc.’s holdings in Vanguard FTSE Developed Markets ETF were worth $9,085,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Sellwood Investment Partners LLC acquired a new position in shares of Vanguard FTSE Developed Markets ETF during the 4th quarter worth approximately $26,000. Kozak & Associates Inc. raised 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 worth $27,000 after acquiring an additional 410 shares during the period. Decker Retirement Planning Inc. purchased a new stake in shares of Vanguard FTSE Developed Markets ETF during the fourth quarter worth about $29,000. Keystone Financial Group Inc. acquired a new position in shares of Vanguard FTSE Developed Markets ETF during the 4th quarter worth about $32,000. Finally, Roxbury Financial LLC acquired a new position in shares of Vanguard FTSE Developed Markets ETF during the 4th quarter worth about $37,000.

Vanguard FTSE Developed Markets ETF Trading Down 1.1 %

VEA stock opened at $51.24 on Friday. Vanguard FTSE Developed Markets ETF has a 12-month low of $46.80 and a 12-month high of $53.40. The business’s 50-day moving average is $51.14 and its 200 day moving average is $50.51. The stock has a market cap of $143.98 billion, a price-to-earnings ratio of 16.97 and a beta of 0.92.

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 paid a $0.2422 dividend. 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.