Vanguard FTSE Developed Markets ETF (VEA) Sees Significant Decrease in Short Interest

Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) was the recipient of a large drop in short interest in March. As of March 29th, there was short interest totalling 8,634,092 shares, a drop of 32.7% from the March 15th total of 12,824,631 shares. Based on an average daily trading volume, of 9,587,349 shares, the days-to-cover ratio is presently 0.9 days.

Several hedge funds have recently modified their holdings of the company. Bank of America Corp DE grew its stake in Vanguard FTSE Developed Markets ETF by 12.2% in the 4th quarter. Bank of America Corp DE now owns 144,181,677 shares of the company’s stock valued at $5,349,141,000 after buying an additional 15,622,665 shares in the last quarter. Betterment LLC grew its position in shares of Vanguard FTSE Developed Markets ETF by 5.9% during the 1st quarter. Betterment LLC now owns 69,157,157 shares of the company’s stock valued at $2,826,453,000 after purchasing an additional 3,824,768 shares in the last quarter. Creative Planning grew its position in shares of Vanguard FTSE Developed Markets ETF by 1.8% during the 4th quarter. Creative Planning now owns 64,981,603 shares of the company’s stock valued at $2,410,818,000 after purchasing an additional 1,131,340 shares in the last quarter. Wafra Inc. grew its position in shares of Vanguard FTSE Developed Markets ETF by 1.1% during the 4th quarter. Wafra Inc. now owns 14,169,267 shares of the company’s stock valued at $525,680,000 after purchasing an additional 150,291 shares in the last quarter. Finally, United Services Automobile Association grew its position in shares of Vanguard FTSE Developed Markets ETF by 24.4% during the 4th quarter. United Services Automobile Association now owns 12,642,472 shares of the company’s stock valued at $469,036,000 after purchasing an additional 2,478,179 shares in the last quarter.

Vanguard FTSE Developed Markets ETF stock opened at $41.96 on Tuesday. Vanguard FTSE Developed Markets ETF has a 52 week low of $35.74 and a 52 week high of $45.74.

The business also recently declared a quarterly dividend, which was paid on Tuesday, April 2nd. Stockholders of record on Friday, March 29th were paid a dividend of $0.175 per share. The ex-dividend date of this dividend was Thursday, March 28th. This represents a $0.70 annualized dividend and a dividend yield of 1.67%.

COPYRIGHT VIOLATION WARNING: This piece was originally posted by Markets Daily and is the property of of Markets Daily. If you are viewing this piece on another domain, it was illegally copied and republished in violation of United States & international trademark & copyright legislation. The correct version of this piece can be accessed at https://www.themarketsdaily.com/2019/04/16/vanguard-ftse-developed-markets-etf-vea-sees-significant-decrease-in-short-interest.html.

Featured Article: Gap Up Stocks

Receive News & Ratings for Vanguard FTSE Developed Markets ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vanguard FTSE Developed Markets ETF and related companies with MarketBeat.com's FREE daily email newsletter.