Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) Shares Sold by Penobscot Investment Management Company Inc.

Penobscot Investment Management Company Inc. cut its holdings in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 4.6% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 7,386 shares of the company’s stock after selling 357 shares during the period. Penobscot Investment Management Company Inc.’s holdings in Vanguard FTSE Developed Markets ETF were worth $353,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in VEA. Kozak & Associates Inc. boosted its position in Vanguard FTSE Developed Markets ETF by 268.0% during the 4th quarter. Kozak & Associates Inc. now owns 563 shares of the company’s stock worth $27,000 after acquiring an additional 410 shares during the period. Decker Retirement Planning Inc. acquired a new stake in Vanguard FTSE Developed Markets ETF in the fourth quarter worth about $29,000. Keystone Financial Group Inc. bought a new position in Vanguard FTSE Developed Markets ETF in the 4th quarter valued at about $32,000. Crews Bank & Trust acquired a new position in Vanguard FTSE Developed Markets ETF during the 4th quarter valued at about $37,000. Finally, Farmers & Merchants Trust Co of Chambersburg PA raised its position in shares of Vanguard FTSE Developed Markets ETF by 44.2% during the 4th quarter. Farmers & Merchants Trust Co of Chambersburg PA now owns 777 shares of the company’s stock worth $37,000 after buying an additional 238 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Price Performance

Vanguard FTSE Developed Markets ETF stock opened at $51.77 on Thursday. Vanguard FTSE Developed Markets ETF has a 12-month low of $46.80 and a 12-month high of $53.40. The stock has a market capitalization of $145.47 billion, a PE ratio of 16.97 and a beta of 0.92. The firm has a 50 day simple moving average of $51.02 and a 200-day simple moving average of $50.50.

Vanguard FTSE Developed Markets ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Tuesday, March 25th. Stockholders of record on Friday, March 21st were given 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.