Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) Sets New 52-Week High – Time to Buy?

Shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) hit a new 52-week high on Wednesday . The stock traded as high as $67.44 and last traded at $67.2190, with a volume of 1796854 shares trading hands. The stock had previously closed at $66.72.

Vanguard FTSE Developed Markets ETF Stock Up 2.2%

The stock has a fifty day moving average price of $63.90 and a 200-day moving average price of $61.10. The firm has a market cap of $208.69 billion, a price-to-earnings ratio of 16.34 and a beta of 0.87.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the company. Associated Banc Corp boosted its stake in shares of Vanguard FTSE Developed Markets ETF by 7.8% in the fourth quarter. Associated Banc Corp now owns 184,397 shares of the company’s stock valued at $11,519,000 after buying an additional 13,345 shares in the last quarter. CFO4Life Group LLC boosted its position in shares of Vanguard FTSE Developed Markets ETF by 1.4% during the 4th quarter. CFO4Life Group LLC now owns 25,335 shares of the company’s stock worth $1,583,000 after purchasing an additional 357 shares in the last quarter. Delta Financial Advisors LLC boosted its position in shares of Vanguard FTSE Developed Markets ETF by 4.7% during the 4th quarter. Delta Financial Advisors LLC now owns 39,256 shares of the company’s stock worth $2,452,000 after purchasing an additional 1,772 shares in the last quarter. Americana Partners LLC boosted its holdings in Vanguard FTSE Developed Markets ETF by 22.3% during the fourth quarter. Americana Partners LLC now owns 91,120 shares of the company’s stock worth $5,692,000 after buying an additional 16,606 shares in the last quarter. Finally, Nixon Peabody Trust Co. purchased a new position in Vanguard FTSE Developed Markets ETF in the fourth quarter valued at about $225,000.

Vanguard FTSE Developed Markets ETF Company 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.