Independent Financial Group LLC Acquires New Holdings in Vanguard FTSE Developed Markets ETF $VEA

Independent Financial Group LLC bought a new stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 113,760 shares of the company’s stock, valued at approximately $7,290,000.

Several other hedge funds also recently bought and sold shares of VEA. Auto Owners Insurance Co raised its stake in shares of Vanguard FTSE Developed Markets ETF by 6,941.5% in the 4th quarter. Auto Owners Insurance Co now owns 73,636,513 shares of the company’s stock valued at $4,600,073,000 after acquiring an additional 72,590,763 shares during the period. Morgan Stanley lifted its holdings in shares of Vanguard FTSE Developed Markets ETF by 44.0% in the 4th quarter. Morgan Stanley now owns 90,491,038 shares of the company’s stock worth $5,652,975,000 after acquiring an additional 27,650,637 shares during the last quarter. Corient Private Wealth LLC boosted its position in shares of Vanguard FTSE Developed Markets ETF by 122.9% during the 2nd quarter. Corient Private Wealth LLC now owns 41,168,047 shares of the company’s stock worth $2,201,917,000 after purchasing an additional 22,700,179 shares during the period. Jasper Ridge Partners L.P. boosted its position in shares of Vanguard FTSE Developed Markets ETF by 35.6% during the 3rd quarter. Jasper Ridge Partners L.P. now owns 20,757,883 shares of the company’s stock worth $1,243,812,000 after purchasing an additional 5,451,849 shares during the period. Finally, Cambridge Associates LLC MA ADV increased its holdings in Vanguard FTSE Developed Markets ETF by 152.5% in the 3rd quarter. Cambridge Associates LLC MA ADV now owns 8,489,920 shares of the company’s stock valued at $508,716,000 after purchasing an additional 5,127,412 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Stock Down 1.1%

Shares of NYSEARCA VEA opened at $70.03 on Friday. The firm has a market cap of $226.89 billion, a price-to-earnings ratio of 16.34 and a beta of 0.83. Vanguard FTSE Developed Markets ETF has a 52-week low of $55.68 and a 52-week high of $73.23. The business’s 50 day moving average is $70.86 and its two-hundred day moving average is $67.94.

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.