Pecaut & CO. Grows Stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Pecaut & CO. increased its stake in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 9.3% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 20,964 shares of the company’s stock after purchasing an additional 1,781 shares during the period. Pecaut & CO.’s holdings in Vanguard FTSE Developed Markets ETF were worth $1,002,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of VEA. Brown Lisle Cummings Inc. lifted its position in shares of Vanguard FTSE Developed Markets ETF by 5.5% in the fourth quarter. Brown Lisle Cummings Inc. now owns 3,842 shares of the company’s stock valued at $184,000 after acquiring an additional 200 shares in the last quarter. O Connor Financial Group LLC lifted its position in shares of Vanguard FTSE Developed Markets ETF by 3.4% in the fourth quarter. O Connor Financial Group LLC now owns 6,318 shares of the company’s stock valued at $302,000 after acquiring an additional 210 shares in the last quarter. O Dell Group LLC lifted its position in shares of Vanguard FTSE Developed Markets ETF by 1.3% in the fourth quarter. O Dell Group LLC now owns 16,346 shares of the company’s stock valued at $782,000 after acquiring an additional 216 shares in the last quarter. Crewe Advisors LLC lifted its position in shares of Vanguard FTSE Developed Markets ETF by 0.8% in the fourth quarter. Crewe Advisors LLC now owns 29,257 shares of the company’s stock valued at $1,399,000 after acquiring an additional 230 shares in the last quarter. Finally, Arrowroot Family Office LLC lifted its position in shares of Vanguard FTSE Developed Markets ETF by 0.3% in the third quarter. Arrowroot Family Office LLC now owns 76,126 shares of the company’s stock valued at $4,020,000 after acquiring an additional 231 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Price Performance

NYSEARCA VEA opened at $52.58 on Friday. The company has a market cap of $147.75 billion, a PE ratio of 16.97 and a beta of 0.92. The stock’s 50 day simple moving average is $50.66 and its 200-day simple moving average is $50.49. 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 declared a dividend, which will be paid on Tuesday, March 25th. Investors of record on Friday, March 21st will be issued a $0.2422 dividend. 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.