Global Wealth Management Investment Advisory Inc. Purchases 4,415 Shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Global Wealth Management Investment Advisory Inc. lifted its holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 6.5% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 71,977 shares of the company’s stock after purchasing an additional 4,415 shares during the period. Vanguard FTSE Developed Markets ETF accounts for about 1.5% of Global Wealth Management Investment Advisory Inc.’s investment portfolio, making the stock its 14th biggest holding. Global Wealth Management Investment Advisory Inc.’s holdings in Vanguard FTSE Developed Markets ETF were worth $2,942,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. TD Ameritrade Trust Co raised its position in shares of Vanguard FTSE Developed Markets ETF by 12.1% during the fourth quarter. TD Ameritrade Trust Co now owns 217,182 shares of the company’s stock valued at $8,057,000 after buying an additional 23,526 shares during the last quarter. Gradient Capital Advisors LLC increased its stake in Vanguard FTSE Developed Markets ETF by 94.3% in the fourth quarter. Gradient Capital Advisors LLC now owns 59,607 shares of the company’s stock valued at $2,211,000 after acquiring an additional 28,931 shares during the period. LeJeune Puetz Investment Counsel LLC increased its stake in Vanguard FTSE Developed Markets ETF by 26.0% in the fourth quarter. LeJeune Puetz Investment Counsel LLC now owns 59,030 shares of the company’s stock valued at $2,190,000 after acquiring an additional 12,175 shares during the period. DT Investment Partners LLC increased its stake in Vanguard FTSE Developed Markets ETF by 63.1% in the fourth quarter. DT Investment Partners LLC now owns 1,538,353 shares of the company’s stock valued at $57,072,000 after acquiring an additional 595,367 shares during the period. Finally, Keybank National Association OH increased its stake in Vanguard FTSE Developed Markets ETF by 148.6% in the fourth quarter. Keybank National Association OH now owns 1,367,327 shares of the company’s stock valued at $50,728,000 after acquiring an additional 817,301 shares during the period.

Shares of VEA stock traded up $0.23 during trading hours on Friday, reaching $41.71. 13,621,245 shares of the company were exchanged, compared to its average volume of 10,294,566. The business has a fifty day moving average price of $40.81. Vanguard FTSE Developed Markets ETF has a fifty-two week low of $35.74 and a fifty-two week high of $44.05.

The company also recently announced a quarterly dividend, which was paid on Thursday, June 20th. Shareholders of record on Tuesday, June 18th were issued a $0.45 dividend. The ex-dividend date was Monday, June 17th. This is a positive change from Vanguard FTSE Developed Markets ETF’s previous quarterly dividend of $0.18. This represents a $1.80 annualized dividend and a yield of 4.32%.

Further Reading: Buy Rating

Institutional Ownership by Quarter for Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

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