Portland Global Advisors LLC Lowers Holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Portland Global Advisors LLC reduced its stake in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 0.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 299,599 shares of the company’s stock after selling 497 shares during the quarter. Vanguard FTSE Developed Markets ETF comprises approximately 1.8% of Portland Global Advisors LLC’s holdings, making the stock its 19th largest position. Portland Global Advisors LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $14,327,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of VEA. Brown Lisle Cummings Inc. increased its holdings in 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 acquiring an additional 200 shares during the last quarter. O Connor Financial Group LLC increased its holdings 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 worth $302,000 after purchasing an additional 210 shares during the last quarter. O Dell Group LLC increased its holdings 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 worth $782,000 after purchasing an additional 216 shares during 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 worth $1,399,000 after buying an additional 230 shares in the last quarter. Finally, Arrowroot Family Office LLC boosted its stake in Vanguard FTSE Developed Markets ETF by 0.3% during the third quarter. Arrowroot Family Office LLC now owns 76,126 shares of the company’s stock valued at $4,020,000 after buying an additional 231 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Price Performance

NYSEARCA:VEA opened at $51.24 on Friday. The company 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 has a 1 year low of $46.80 and a 1 year high of $53.40. The stock’s 50 day simple moving average is $51.14 and its two-hundred day simple moving average is $50.51.

Vanguard FTSE Developed Markets ETF Cuts Dividend

The firm also recently declared 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 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.