Graypoint LLC Raises Stock Position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Graypoint LLC raised its stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 2.8% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 22,293 shares of the company’s stock after buying an additional 606 shares during the quarter. Graypoint LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $1,066,000 at the end of the most recent reporting period.

A number of other hedge funds also recently added to or reduced their stakes in VEA. Silver Lake Advisory LLC purchased a new position in shares of Vanguard FTSE Developed Markets ETF during the 2nd quarter worth approximately $7,496,000. Ironwood Wealth Management LLC. increased its stake in shares of Vanguard FTSE Developed Markets ETF by 6.4% during the 2nd quarter. Ironwood Wealth Management LLC. now owns 74,598 shares of the company’s stock worth $3,687,000 after purchasing an additional 4,474 shares in the last quarter. Bahl & Gaynor Inc. increased its stake in shares of Vanguard FTSE Developed Markets ETF by 10.8% during the 2nd quarter. Bahl & Gaynor Inc. now owns 13,558 shares of the company’s stock worth $670,000 after purchasing an additional 1,320 shares in the last quarter. PFG Advisors increased its stake in shares of Vanguard FTSE Developed Markets ETF by 7.4% during the 2nd quarter. PFG Advisors now owns 51,642 shares of the company’s stock worth $2,552,000 after purchasing an additional 3,538 shares in the last quarter. Finally, Parthenon LLC boosted its position in Vanguard FTSE Developed Markets ETF by 1.5% during the second quarter. Parthenon LLC now owns 81,701 shares of the company’s stock worth $4,038,000 after acquiring an additional 1,245 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Stock Performance

Shares of NYSEARCA VEA opened at $47.53 on Friday. Vanguard FTSE Developed Markets ETF has a 1 year low of $45.91 and a 1 year high of $53.40. The firm’s 50 day moving average price is $49.27 and its 200 day moving average price is $50.35. The firm has a market cap of $124.53 billion, a P/E ratio of 13.32 and a beta of 0.88.

Vanguard FTSE Developed Markets ETF Profile

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.