Redwood Investment Management LLC Has $12.59 Million Position in Vanguard FTSE Developed Markets ETF $VEA

Redwood Investment Management LLC raised its holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 8.2% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 196,536 shares of the company’s stock after buying an additional 14,884 shares during the quarter. Vanguard FTSE Developed Markets ETF accounts for approximately 1.6% of Redwood Investment Management LLC’s holdings, making the stock its 12th biggest holding. Redwood Investment Management LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $12,594,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in VEA. Auto Owners Insurance Co boosted its position in shares of Vanguard FTSE Developed Markets ETF by 6,941.5% during the 4th quarter. Auto Owners Insurance Co now owns 73,636,513 shares of the company’s stock valued at $4,600,073,000 after acquiring an additional 72,590,763 shares in the last quarter. Morgan Stanley raised its position in Vanguard FTSE Developed Markets ETF by 44.0% in the fourth quarter. Morgan Stanley now owns 90,491,038 shares of the company’s stock worth $5,652,975,000 after purchasing an additional 27,650,637 shares in the last quarter. Corient Private Wealth LLC raised its position in Vanguard FTSE Developed Markets ETF by 122.9% in the second quarter. Corient Private Wealth LLC now owns 41,168,047 shares of the company’s stock worth $2,201,917,000 after purchasing an additional 22,700,179 shares in the last quarter. Jasper Ridge Partners L.P. lifted its stake in Vanguard FTSE Developed Markets ETF by 35.6% during the third quarter. Jasper Ridge Partners L.P. now owns 20,757,883 shares of the company’s stock worth $1,243,812,000 after purchasing an additional 5,451,849 shares during the period. Finally, Cambridge Associates LLC MA ADV lifted its stake in Vanguard FTSE Developed Markets ETF by 152.5% during the third quarter. Cambridge Associates LLC MA ADV now owns 8,489,920 shares of the company’s stock worth $508,716,000 after purchasing an additional 5,127,412 shares during the period.

Vanguard FTSE Developed Markets ETF Stock Performance

NYSEARCA VEA opened at $70.62 on Monday. Vanguard FTSE Developed Markets ETF has a 1-year low of $55.68 and a 1-year high of $73.23. The stock’s 50 day moving average is $70.82 and its two-hundred day moving average is $68.44. The company has a market capitalization of $228.80 billion, a price-to-earnings ratio of 16.34 and a beta of 0.83.

Vanguard FTSE Developed Markets ETF Company 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.