Thoroughbred Financial Services LLC Increases Stock Holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Thoroughbred Financial Services LLC raised its position in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 3.3% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 50,583 shares of the company’s stock after purchasing an additional 1,629 shares during the quarter. Thoroughbred Financial Services LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $2,418,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the business. BNP Paribas Financial Markets grew its position in shares of Vanguard FTSE Developed Markets ETF by 44.0% during the 3rd quarter. BNP Paribas Financial Markets now owns 3,255 shares of the company’s stock valued at $172,000 after acquiring an additional 995 shares during the period. Quantinno Capital Management LP lifted its position in Vanguard FTSE Developed Markets ETF by 59.2% during the third quarter. Quantinno Capital Management LP now owns 45,586 shares of the company’s stock valued at $2,407,000 after purchasing an additional 16,953 shares in the last quarter. WESCAP Management Group Inc. grew its holdings in Vanguard FTSE Developed Markets ETF by 12.5% during the third quarter. WESCAP Management Group Inc. now owns 189,326 shares of the company’s stock valued at $9,998,000 after purchasing an additional 21,089 shares during the period. Kovitz Investment Group Partners LLC increased its position in Vanguard FTSE Developed Markets ETF by 213.4% in the third quarter. Kovitz Investment Group Partners LLC now owns 1,816,044 shares of the company’s stock worth $95,905,000 after buying an additional 1,236,636 shares in the last quarter. Finally, Insigneo Advisory Services LLC increased its position in Vanguard FTSE Developed Markets ETF by 10.0% in the third quarter. Insigneo Advisory Services LLC now owns 13,093 shares of the company’s stock worth $691,000 after buying an additional 1,194 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Stock Down 6.3 %

VEA stock opened at $46.91 on Friday. The business’s 50-day moving average price is $51.20 and its 200-day moving average price is $50.46. The stock has a market cap of $132.76 billion, a P/E ratio of 15.89 and a beta of 0.86. Vanguard FTSE Developed Markets ETF has a twelve month low of $46.80 and a twelve month high of $53.40.

Vanguard FTSE Developed Markets ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Tuesday, March 25th. Shareholders of record on Friday, March 21st were issued a dividend of $0.2422 per share. The ex-dividend date 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.