JPMorgan Chase & Co. Increases Stock Position in Vanguard FTSE Developed Markets ETF $VEA

JPMorgan Chase & Co. lifted its holdings in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 2.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 14,279,977 shares of the company’s stock after acquiring an additional 407,760 shares during the period. JPMorgan Chase & Co.’s holdings in Vanguard FTSE Developed Markets ETF were worth $892,070,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of the business. Mascagni Wealth Management Inc. grew its position in shares of Vanguard FTSE Developed Markets ETF by 2.1% during the fourth quarter. Mascagni Wealth Management Inc. now owns 7,231 shares of the company’s stock worth $452,000 after acquiring an additional 152 shares during the last quarter. TL Private Wealth grew its position in Vanguard FTSE Developed Markets ETF by 1.7% in the 4th quarter. TL Private Wealth now owns 9,396 shares of the company’s stock valued at $606,000 after buying an additional 155 shares during the last quarter. Belpointe Asset Management LLC grew its position in Vanguard FTSE Developed Markets ETF by 0.5% in the 4th quarter. Belpointe Asset Management LLC now owns 34,529 shares of the company’s stock valued at $2,157,000 after buying an additional 162 shares during the last quarter. Spire Wealth Management grew its position in Vanguard FTSE Developed Markets ETF by 0.6% in the 4th quarter. Spire Wealth Management now owns 27,194 shares of the company’s stock valued at $1,699,000 after buying an additional 163 shares during the last quarter. Finally, Twelve Points Wealth Management LLC grew its position in Vanguard FTSE Developed Markets ETF by 0.9% in the 4th quarter. Twelve Points Wealth Management LLC now owns 18,902 shares of the company’s stock valued at $1,220,000 after buying an additional 166 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Price Performance

NYSEARCA:VEA opened at $69.84 on Wednesday. The firm’s fifty day moving average price is $68.92 and its 200 day moving average price is $66.18. Vanguard FTSE Developed Markets ETF has a 1-year low of $54.63 and a 1-year high of $72.32. The firm has a market cap of $224.00 billion, a price-to-earnings ratio of 16.34 and a beta of 0.83.

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.