Lotus Asset Management LLC Purchases New Position in Vanguard FTSE Developed Markets ETF $VEA

Lotus Asset Management LLC acquired a new position in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 14,399 shares of the company’s stock, valued at approximately $1,026,000. Vanguard FTSE Developed Markets ETF makes up about 0.9% of Lotus Asset Management LLC’s portfolio, making the stock its 13th largest position.

Several other institutional investors have also recently made changes to their positions in the company. Brighton Jones LLC raised its holdings in shares of Vanguard FTSE Developed Markets ETF by 79.2% in the 4th quarter. Brighton Jones LLC now owns 243,622 shares of the company’s stock valued at $11,650,000 after purchasing an additional 107,649 shares in the last quarter. Revolve Wealth Partners LLC raised its holdings in Vanguard FTSE Developed Markets ETF by 47.3% in the fourth quarter. Revolve Wealth Partners LLC now owns 123,485 shares of the company’s stock worth $5,905,000 after purchasing an additional 39,653 shares in the last quarter. Capstone Wealth Management Group LLC acquired a new stake in shares of Vanguard FTSE Developed Markets ETF in the 1st quarter worth $209,000. Squarepoint Ops LLC acquired a new stake in shares of Vanguard FTSE Developed Markets ETF in the 2nd quarter worth $7,001,000. Finally, Glenview Trust co grew its stake in Vanguard FTSE Developed Markets ETF by 1.8% during the 2nd quarter. Glenview Trust co now owns 16,992 shares of the company’s stock worth $969,000 after buying an additional 297 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Stock Performance

Vanguard FTSE Developed Markets ETF stock opened at $72.82 on Thursday. The stock has a market cap of $235.93 billion, a PE ratio of 16.34 and a beta of 0.83. The stock has a 50-day moving average of $71.80 and a two-hundred day moving average of $69.66. Vanguard FTSE Developed Markets ETF has a one year low of $58.81 and a one year high of $74.04.

Vanguard FTSE Developed Markets ETF 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.