Vanguard FTSE Developed Markets ETF $VEA Shares Purchased by Northeast Investment Management

Northeast Investment Management boosted its holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 11.0% in the 1st quarter, HoldingsChannel reports. The fund owned 484,270 shares of the company’s stock after acquiring an additional 48,140 shares during the quarter. Vanguard FTSE Developed Markets ETF comprises about 1.3% of Northeast Investment Management’s investment portfolio, making the stock its 25th biggest holding. Northeast Investment Management’s holdings in Vanguard FTSE Developed Markets ETF were worth $31,032,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of VEA. J2 Capital Management Inc boosted its position in shares of Vanguard FTSE Developed Markets ETF by 31.4% during the 1st quarter. J2 Capital Management Inc now owns 5,880 shares of the company’s stock worth $377,000 after purchasing an additional 1,406 shares in the last quarter. SmartHarvest Portfolios LLC purchased a new position in shares of Vanguard FTSE Developed Markets ETF in the 1st quarter valued at about $241,000. Independent Wealth Network Inc. increased its holdings in shares of Vanguard FTSE Developed Markets ETF by 27.1% in the 1st quarter. Independent Wealth Network Inc. now owns 13,715 shares of the company’s stock valued at $879,000 after purchasing an additional 2,923 shares in the last quarter. Grey Ledge Advisors LLC lifted its stake in shares of Vanguard FTSE Developed Markets ETF by 9.8% in the first quarter. Grey Ledge Advisors LLC now owns 96,512 shares of the company’s stock valued at $6,185,000 after purchasing an additional 8,577 shares during the period. Finally, Morton Brown Family Wealth LLC lifted its stake in shares of Vanguard FTSE Developed Markets ETF by 3.2% in the first quarter. Morton Brown Family Wealth LLC now owns 507,517 shares of the company’s stock valued at $32,522,000 after purchasing an additional 15,609 shares during the period.

Vanguard FTSE Developed Markets ETF Trading Up 1.3%

VEA stock opened at $71.16 on Friday. The company has a market cap of $228.23 billion, a P/E ratio of 16.34 and a beta of 0.83. Vanguard FTSE Developed Markets ETF has a 52 week low of $55.68 and a 52 week high of $73.23. The company’s 50-day moving average price is $70.24 and its 200 day moving average price is $67.06.

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.