Exchange Traded Concepts LLC Boosts Stock Holdings in Vanguard FTSE Developed Markets ETF $VEA

Exchange Traded Concepts LLC raised its stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 10.9% during the fourth quarter, HoldingsChannel.com reports. The fund owned 888,805 shares of the company’s stock after purchasing an additional 87,560 shares during the quarter. Exchange Traded Concepts LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $55,524,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of VEA. Pallas Capital Advisors LLC lifted its position in shares of Vanguard FTSE Developed Markets ETF by 43.9% in the fourth quarter. Pallas Capital Advisors LLC now owns 30,461 shares of the company’s stock worth $1,903,000 after buying an additional 9,289 shares in the last quarter. Petros Family Wealth LLC bought a new stake in Vanguard FTSE Developed Markets ETF in the 4th quarter worth approximately $4,622,000. InvesTrust increased its stake in Vanguard FTSE Developed Markets ETF by 4.7% in the 4th quarter. InvesTrust now owns 229,823 shares of the company’s stock worth $14,357,000 after acquiring an additional 10,403 shares during the last quarter. Hilltop Wealth Advisors LLC raised its holdings in shares of Vanguard FTSE Developed Markets ETF by 2.1% during the 4th quarter. Hilltop Wealth Advisors LLC now owns 263,486 shares of the company’s stock worth $16,460,000 after acquiring an additional 5,328 shares in the last quarter. Finally, Enclave Advisors LLC raised its holdings in shares of Vanguard FTSE Developed Markets ETF by 9.9% during the 4th quarter. Enclave Advisors LLC now owns 223,904 shares of the company’s stock worth $13,987,000 after acquiring an additional 20,203 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Stock Performance

NYSEARCA VEA opened at $62.05 on Friday. The stock has a 50 day moving average price of $66.52 and a 200-day moving average price of $63.18. Vanguard FTSE Developed Markets ETF has a one year low of $45.14 and a one year high of $70.55. The company has a market capitalization of $192.21 billion, a P/E ratio of 16.34 and a beta of 0.87.

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.