Zwj Investment Counsel 13F: New $1.6M Stake in VEA

Zwj Investment Counsel has established a brand-new stake in Vanguard FTSE Developed Markets Index Fund ETF Shares (NYSEArca:VEA), according to a recent Form 13F filing with the SEC. The filing reflects holdings as of the reporting period and may not represent the investor's current position.

What Changed in Zwj Investment Counsel's Vanguard FTSE Developed Markets Index Fund ETF Shares Position

Zwj Investment Counsel opened a new position in the exchange-traded fund, purchasing 22,248 shares. The newly acquired holding had a reported value of $1,570,931 at the time of the filing. Because this was a new buy, there was no prior position or percentage change to report.

Vanguard FTSE Developed Markets Index Fund ETF Shares Stock Down 0.4%

Shares of Vanguard FTSE Developed Markets Index Fund ETF Shares recently traded at $69.42. The stock has a 52-week low of $58.82 and a 52-week high of $74.04. Its 50-day moving average sits at $71.90, while its 200-day moving average is $68.41. The fund has a price-to-earnings ratio of 16.83.

Dividend

Vanguard FTSE Developed Markets Index Fund ETF Shares currently pays a dividend with a yield of 2.49%.

About Vanguard FTSE Developed Markets Index Fund ETF Shares

The fund employs an indexing investment approach designed to track the performance of the FTSE Developed All Cap ex U.S. Index, a market-capitalization-weighted index that is made up of approximately 3,957 common stocks of large-, mid-, and small-cap companies located in Canada and the major markets of Europe and the Pacific region.

Bottom Line

Institutional holdings reports provide a look at past portfolio moves by major investment managers. Observers will watch for future SEC filings to see whether Zwj Investment Counsel adjusts its position in the fund down the road. This report is strictly factual and does not offer investment guidance.