Bristlecone Value Partners LLC Acquires Shares of 237,281 Vanguard FTSE Developed Markets ETF $VEA

Bristlecone Value Partners LLC acquired a new stake in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 237,281 shares of the company’s stock, valued at approximately $14,823,000. Vanguard FTSE Developed Markets ETF accounts for about 17.1% of Bristlecone Value Partners LLC’s holdings, making the stock its biggest position.

Several other institutional investors and hedge funds have also added to or reduced their stakes in VEA. Nova Wealth Management Inc. raised its position in shares of Vanguard FTSE Developed Markets ETF by 151.5% in the 4th quarter. Nova Wealth Management Inc. now owns 420 shares of the company’s stock worth $26,000 after purchasing an additional 253 shares during the last quarter. GGM Financials LLC purchased a new position in shares of Vanguard FTSE Developed Markets ETF in the 3rd quarter worth about $27,000. Ulland Investment Advisors LLC raised its position in shares of Vanguard FTSE Developed Markets ETF by 75.6% in the 3rd quarter. Ulland Investment Advisors LLC now owns 562 shares of the company’s stock worth $34,000 after purchasing an additional 242 shares during the last quarter. Strategic Wealth Advisors LLC purchased a new position in shares of Vanguard FTSE Developed Markets ETF in the 4th quarter worth about $35,000. Finally, Quaker Wealth Management LLC raised its position in shares of Vanguard FTSE Developed Markets ETF by 7,637.5% in the 4th quarter. Quaker Wealth Management LLC now owns 619 shares of the company’s stock worth $39,000 after purchasing an additional 611 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Price Performance

VEA opened at $71.55 on Friday. The stock has a 50-day moving average price of $69.33 and a 200-day moving average price of $66.37. The firm has a market cap of $229.48 billion, a PE ratio of 16.34 and a beta of 0.83. Vanguard FTSE Developed Markets ETF has a 1 year low of $54.63 and a 1 year high of $72.32.

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.