Bailard Inc. Grows Stake in Vanguard FTSE Developed Markets ETF $VEA

Bailard Inc. raised its stake in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 2.7% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 299,526 shares of the company’s stock after buying an additional 7,801 shares during the period. Bailard Inc.’s holdings in Vanguard FTSE Developed Markets ETF were worth $18,711,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of VEA. Nova Wealth Management Inc. increased its position in Vanguard FTSE Developed Markets ETF by 151.5% during the fourth quarter. Nova Wealth Management Inc. now owns 420 shares of the company’s stock worth $26,000 after buying an additional 253 shares in the last quarter. GGM Financials LLC purchased a new position in Vanguard FTSE Developed Markets ETF during the third quarter worth $27,000. Ulland Investment Advisors LLC increased its position in Vanguard FTSE Developed Markets ETF by 75.6% during the third quarter. Ulland Investment Advisors LLC now owns 562 shares of the company’s stock worth $34,000 after buying an additional 242 shares in the last quarter. Strategic Wealth Advisors LLC purchased a new position in Vanguard FTSE Developed Markets ETF during the fourth quarter worth $35,000. Finally, Cloud Capital Management LLC purchased a new position in Vanguard FTSE Developed Markets ETF during the third quarter worth $37,000.

Vanguard FTSE Developed Markets ETF Stock Performance

Vanguard FTSE Developed Markets ETF stock opened at $70.82 on Tuesday. The stock has a fifty day moving average of $66.58 and a two-hundred day moving average of $64.76. The company has a market capitalization of $227.14 billion, a price-to-earnings ratio of 16.34 and a beta of 0.83. Vanguard FTSE Developed Markets ETF has a fifty-two week low of $53.52 and a fifty-two week high of $71.12.

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.