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

Dearborn Partners LLC lifted its stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 12.9% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 15,403 shares of the company’s stock after acquiring an additional 1,756 shares during the period. Dearborn Partners LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $737,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Brown Lisle Cummings Inc. boosted its holdings in shares of Vanguard FTSE Developed Markets ETF by 5.5% in the fourth quarter. Brown Lisle Cummings Inc. now owns 3,842 shares of the company’s stock valued at $184,000 after acquiring an additional 200 shares during the period. MTM Investment Management LLC raised its position in Vanguard FTSE Developed Markets ETF by 1.5% in the 3rd quarter. MTM Investment Management LLC now owns 14,238 shares of the company’s stock valued at $743,000 after purchasing an additional 208 shares during the last quarter. O Connor Financial Group LLC boosted its stake in Vanguard FTSE Developed Markets ETF by 3.4% during the 4th quarter. O Connor Financial Group LLC now owns 6,318 shares of the company’s stock worth $302,000 after purchasing an additional 210 shares during the period. Crewe Advisors LLC grew its position in Vanguard FTSE Developed Markets ETF by 0.8% during the 4th quarter. Crewe Advisors LLC now owns 29,257 shares of the company’s stock worth $1,399,000 after purchasing an additional 230 shares during the last quarter. Finally, Arrowroot Family Office LLC increased its stake in Vanguard FTSE Developed Markets ETF by 0.3% in the third quarter. Arrowroot Family Office LLC now owns 76,126 shares of the company’s stock valued at $4,020,000 after purchasing an additional 231 shares during the period.

Vanguard FTSE Developed Markets ETF Stock Performance

Shares of NYSEARCA:VEA opened at $51.23 on Wednesday. Vanguard FTSE Developed Markets ETF has a one year low of $46.80 and a one year high of $53.40. The stock has a market capitalization of $143.96 billion, a price-to-earnings ratio of 16.75 and a beta of 0.92. The company has a 50-day simple moving average of $50.08 and a 200-day simple moving average of $50.46.

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.