14B Captial Management LP Invests $875,000 in Vanguard FTSE Developed Markets ETF $VEA

14B Captial Management LP bought a new position in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 14,000 shares of the company’s stock, valued at approximately $875,000. Vanguard FTSE Developed Markets ETF comprises 0.7% of 14B Captial Management LP’s investment portfolio, making the stock its 16th largest position.

Other large investors also recently made changes to their positions in the company. Nova Wealth Management Inc. grew its holdings in shares of Vanguard FTSE Developed Markets ETF by 151.5% during the fourth 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 bought a new stake in shares of Vanguard FTSE Developed Markets ETF during the third quarter worth $27,000. Ulland Investment Advisors LLC grew its holdings in shares of Vanguard FTSE Developed Markets ETF by 75.6% during the third 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 bought a new stake in shares of Vanguard FTSE Developed Markets ETF during the fourth quarter worth $35,000. Finally, Quaker Wealth Management LLC grew its holdings in shares of Vanguard FTSE Developed Markets ETF by 7,637.5% during the fourth 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 Stock Performance

Shares of VEA stock opened at $72.00 on Thursday. The stock’s fifty day moving average is $69.77 and its 200-day moving average is $66.65. The stock has a market capitalization of $230.92 billion, a PE ratio of 16.34 and a beta of 0.83. Vanguard FTSE Developed Markets ETF has a 52 week low of $54.63 and a 52 week high of $73.23.

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.