AlTi Global Inc. Increases Stock Position in Vanguard FTSE Developed Markets ETF $VEA

AlTi Global Inc. boosted its position in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 10.1% in the third quarter, Holdings Channel.com reports. The firm owned 84,554 shares of the company’s stock after acquiring an additional 7,778 shares during the period. AlTi Global Inc.’s holdings in Vanguard FTSE Developed Markets ETF were worth $5,066,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Cloud Capital Management LLC purchased a new position in shares of Vanguard FTSE Developed Markets ETF during the 3rd quarter valued at approximately $37,000. Elevation Point Wealth Partners LLC acquired a new stake in Vanguard FTSE Developed Markets ETF in the second quarter valued at $48,000. Kilter Group LLC bought a new position in Vanguard FTSE Developed Markets ETF during the 2nd quarter valued at $49,000. Mid American Wealth Advisory Group Inc. bought a new position in Vanguard FTSE Developed Markets ETF during the 2nd quarter valued at $52,000. Finally, Strengthening Families & Communities LLC acquired a new position in Vanguard FTSE Developed Markets ETF during the 3rd quarter worth $55,000.

Vanguard FTSE Developed Markets ETF Stock Performance

VEA opened at $68.37 on Tuesday. The company has a market capitalization of $211.78 billion, a P/E ratio of 16.34 and a beta of 0.87. The company has a 50-day moving average of $64.05 and a 200-day moving average of $61.22. Vanguard FTSE Developed Markets ETF has a 1-year low of $45.14 and a 1-year high of $68.45.

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.