Wellspring Financial Advisors LLC Boosts Position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Wellspring Financial Advisors LLC raised its stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 18.3% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 9,456 shares of the company’s stock after buying an additional 1,466 shares during the period. Wellspring Financial Advisors LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $452,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also added to or reduced their stakes in the stock. Seven Mile Advisory lifted its stake in Vanguard FTSE Developed Markets ETF by 0.7% in the fourth quarter. Seven Mile Advisory now owns 27,400 shares of the company’s stock worth $1,310,000 after acquiring an additional 198 shares during the period. Brown Lisle Cummings Inc. raised its holdings in shares of Vanguard FTSE Developed Markets ETF by 5.5% in the 4th quarter. Brown Lisle Cummings Inc. now owns 3,842 shares of the company’s stock valued at $184,000 after purchasing an additional 200 shares in the last quarter. ARK & TLK Investments LLC lifted its position in shares of Vanguard FTSE Developed Markets ETF by 3.5% in the 4th quarter. ARK & TLK Investments LLC now owns 6,109 shares of the company’s stock worth $292,000 after purchasing an additional 205 shares during the period. O Connor Financial Group LLC boosted its stake in shares of Vanguard FTSE Developed Markets ETF by 3.4% during the fourth quarter. O Connor Financial Group LLC now owns 6,318 shares of the company’s stock valued at $302,000 after purchasing an additional 210 shares in the last quarter. Finally, O Dell Group LLC increased its holdings in Vanguard FTSE Developed Markets ETF by 1.3% during the fourth quarter. O Dell Group LLC now owns 16,346 shares of the company’s stock valued at $782,000 after buying an additional 216 shares during the period.

Vanguard FTSE Developed Markets ETF Stock Down 6.3 %

Vanguard FTSE Developed Markets ETF stock opened at $46.91 on Monday. The firm has a market cap of $132.76 billion, a P/E ratio of 15.89 and a beta of 0.86. The business has a fifty day moving average of $51.20 and a two-hundred day moving average of $50.45. Vanguard FTSE Developed Markets ETF has a twelve month low of $44.85 and a twelve month 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 paid a dividend of $0.2422 per share. The ex-dividend date of this dividend 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.