LCW Services LLC Invests $5.53 Million in Vanguard FTSE Developed Markets ETF $VEA

LCW Services LLC purchased a new position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 88,593 shares of the company’s stock, valued at approximately $5,534,000. Vanguard FTSE Developed Markets ETF makes up about 2.9% of LCW Services LLC’s holdings, making the stock its 10th largest position.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Corient Private Wealth LLC raised its stake in Vanguard FTSE Developed Markets ETF by 122.9% during the second 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. Moneta Group Investment Advisors LLC raised its stake in Vanguard FTSE Developed Markets ETF by 904.9% during the third quarter. Moneta Group Investment Advisors LLC now owns 10,887,168 shares of the company’s stock worth $652,359,000 after purchasing an additional 9,803,737 shares during the period. Jasper Ridge Partners L.P. raised its stake in Vanguard FTSE Developed Markets ETF by 35.6% during the third 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. Cambridge Associates LLC MA ADV raised its stake in Vanguard FTSE Developed Markets ETF by 152.5% during the third quarter. Cambridge Associates LLC MA ADV now owns 8,489,920 shares of the company’s stock worth $508,716,000 after purchasing an additional 5,127,412 shares during the period. Finally, Mercer Global Advisors Inc. ADV raised its stake in Vanguard FTSE Developed Markets ETF by 16.8% during the third quarter. Mercer Global Advisors Inc. ADV now owns 33,413,896 shares of the company’s stock worth $2,002,157,000 after purchasing an additional 4,798,488 shares during the period.

Vanguard FTSE Developed Markets ETF Price Performance

Shares of VEA stock opened at $69.17 on Friday. The firm’s 50-day moving average is $68.61 and its two-hundred day moving average is $66.00. Vanguard FTSE Developed Markets ETF has a 12 month low of $54.63 and a 12 month high of $72.32. The company has a market capitalization of $221.85 billion, a PE ratio of 16.34 and a beta of 0.83.

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.