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

Rockbridge Investment Management LCC trimmed its holdings in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 4.0% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 182,997 shares of the company’s stock after selling 7,593 shares during the quarter. Vanguard FTSE Developed Markets ETF accounts for about 1.1% of Rockbridge Investment Management LCC’s holdings, making the stock its 17th largest position. Rockbridge Investment Management LCC’s holdings in Vanguard FTSE Developed Markets ETF were worth $8,751,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in the business. WealthNavi Inc. grew its position in Vanguard FTSE Developed Markets ETF by 7.2% during the fourth quarter. WealthNavi Inc. now owns 49,426,996 shares of the company’s stock worth $2,363,599,000 after buying an additional 3,331,395 shares in the last quarter. Brooklyn FI LLC boosted 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 acquiring an additional 35,468,345 shares during the period. Sei Investments Co. grew its holdings in shares of Vanguard FTSE Developed Markets ETF by 3.5% in the fourth quarter. Sei Investments Co. now owns 27,738,297 shares of the company’s stock worth $1,326,446,000 after purchasing an additional 931,799 shares during the last quarter. LPL Financial LLC increased its position 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 valued at $1,293,081,000 after acquiring an additional 4,757,301 shares during the period. Finally, US Bancorp DE raised its position in Vanguard FTSE Developed Markets ETF by 56.6% during the 4th quarter. US Bancorp DE now owns 23,812,753 shares of the company’s stock valued at $1,138,726,000 after purchasing an additional 8,608,172 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Trading Down 1.2 %

Shares of VEA opened at $51.77 on Thursday. The firm’s 50-day moving average price is $51.02 and its 200-day moving average price is $50.50. The firm 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 1-year low of $46.80 and a 1-year high of $53.40.

Vanguard FTSE Developed Markets ETF Cuts Dividend

The business also recently disclosed 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.