Vavra Capital Management LLC Buys Shares of 239,736 Vanguard FTSE Developed Markets ETF $VEA
by Sarita Garza · The Markets DailyVavra Capital Management LLC purchased a new stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA – Free Report) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 239,736 shares of the company’s stock, valued at approximately $14,976,000. Vanguard FTSE Developed Markets ETF comprises approximately 14.7% of Vavra Capital Management LLC’s portfolio, making the stock its 2nd largest holding.
Other hedge funds and other institutional investors have also bought and sold shares of the company. Bank of America Corp DE raised its position in Vanguard FTSE Developed Markets ETF by 3.0% in the second quarter. Bank of America Corp DE now owns 194,545,244 shares of the company’s stock valued at $11,091,024,000 after purchasing an additional 5,747,233 shares during the last quarter. Betterment LLC grew its holdings in shares of Vanguard FTSE Developed Markets ETF by 2.5% during the third quarter. Betterment LLC now owns 137,447,739 shares of the company’s stock worth $8,235,869,000 after purchasing an additional 3,364,345 shares during the last quarter. Wealthfront Advisers LLC grew its holdings in shares of Vanguard FTSE Developed Markets ETF by 3.1% during the third quarter. Wealthfront Advisers LLC now owns 58,309,968 shares of the company’s stock worth $3,493,933,000 after purchasing an additional 1,755,210 shares during the last quarter. Northwestern Mutual Wealth Management Co. increased its stake in shares of Vanguard FTSE Developed Markets ETF by 5.6% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 58,128,458 shares of the company’s stock valued at $3,483,057,000 after buying an additional 3,076,786 shares during the period. Finally, Jones Financial Companies Lllp increased its stake in shares of Vanguard FTSE Developed Markets ETF by 3.6% in the third quarter. Jones Financial Companies Lllp now owns 51,311,775 shares of the company’s stock valued at $3,049,419,000 after buying an additional 1,794,331 shares during the period.
Vanguard FTSE Developed Markets ETF Price Performance
Shares of NYSEARCA VEA opened at $67.55 on Friday. The company has a 50 day simple moving average of $66.39 and a 200 day simple moving average of $63.50. Vanguard FTSE Developed Markets ETF has a 1 year low of $47.03 and a 1 year high of $70.55. The firm has a market cap of $216.65 billion, a PE 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.
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