SLT Holdings LLC Invests $290,000 in Vanguard FTSE Developed Markets ETF $VEA

SLT Holdings LLC purchased a new position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) during the 2nd quarter, Holdings Channel.com reports. The institutional investor purchased 5,086 shares of the company’s stock, valued at approximately $290,000.

Several other hedge funds have also added to or reduced their stakes in the business. Kessler Investment Group LLC acquired a new stake in shares of Vanguard FTSE Developed Markets ETF in the first quarter valued at about $26,000. von Borstel & Associates Inc. acquired a new position in Vanguard FTSE Developed Markets ETF during the first quarter worth approximately $26,000. Financial Network Wealth Advisors LLC acquired a new position in Vanguard FTSE Developed Markets ETF during the first quarter worth approximately $26,000. Financial Gravity Asset Management Inc. acquired a new position in Vanguard FTSE Developed Markets ETF during the first quarter worth approximately $28,000. Finally, Nemes Rush Group LLC boosted its holdings in shares of Vanguard FTSE Developed Markets ETF by 236.5% during the first quarter. Nemes Rush Group LLC now owns 572 shares of the company’s stock worth $29,000 after acquiring an additional 402 shares during the period.

Vanguard FTSE Developed Markets ETF Trading Down 1.9%

Shares of VEA stock opened at $59.18 on Friday. The stock has a market cap of $176.33 billion, a P/E ratio of 16.34 and a beta of 0.89. The stock has a 50 day simple moving average of $59.22 and a 200 day simple moving average of $55.95. Vanguard FTSE Developed Markets ETF has a 1 year low of $45.14 and a 1 year high of $61.32.

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.