Tepp RIA LLC Takes Position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Tepp RIA LLC bought a new position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 24,344 shares of the company’s stock, valued at approximately $1,164,000. Vanguard FTSE Developed Markets ETF comprises about 1.7% of Tepp RIA LLC’s investment portfolio, making the stock its 9th largest holding.

Other hedge funds have also recently added to or reduced their stakes in the company. WealthNavi Inc. lifted its position in Vanguard FTSE Developed Markets ETF by 7.2% during the 4th quarter. WealthNavi Inc. now owns 49,426,996 shares of the company’s stock worth $2,363,599,000 after acquiring an additional 3,331,395 shares during the last quarter. Brooklyn FI LLC increased its holdings in Vanguard FTSE Developed Markets ETF by 6,702.3% in the 4th quarter. Brooklyn FI LLC now owns 35,997,541 shares of the company’s stock valued at $1,806,348,000 after buying an additional 35,468,345 shares during the period. Sei Investments Co. raised its position in 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 in the last quarter. LPL Financial LLC raised its holdings in shares of Vanguard FTSE Developed Markets ETF by 21.3% in the 4th quarter. LPL Financial LLC now owns 27,040,599 shares of the company’s stock worth $1,293,081,000 after buying an additional 4,757,301 shares in the last quarter. Finally, US Bancorp DE lifted its holdings in shares of Vanguard FTSE Developed Markets ETF by 56.6% during the fourth quarter. US Bancorp DE now owns 23,812,753 shares of the company’s stock valued at $1,138,726,000 after acquiring an additional 8,608,172 shares during the period.

Vanguard FTSE Developed Markets ETF Trading Up 0.1 %

Shares of Vanguard FTSE Developed Markets ETF stock opened at $51.83 on Friday. The stock has a market capitalization of $145.64 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. The firm’s 50-day moving average price is $51.09 and its two-hundred day moving average price is $50.51.

Vanguard FTSE Developed Markets ETF Cuts Dividend

The company also recently announced 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 of this dividend was 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.