NI Acquisitions Company LLC Invests $31.53 Million in Vanguard FTSE Developed Markets ETF $VEA

NI Acquisitions Company LLC purchased a new position in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 442,574 shares of the company’s stock, valued at approximately $31,533,000. Vanguard FTSE Developed Markets ETF makes up 11.7% of NI Acquisitions Company LLC’s portfolio, making the stock its 3rd largest position.

A number of other hedge funds have also added to or reduced their stakes in the company. Bank of America Corp DE boosted its stake in Vanguard FTSE Developed Markets ETF by 2.1% in the fourth quarter. Bank of America Corp DE now owns 205,758,023 shares of the company’s stock valued at $12,853,704,000 after buying an additional 4,289,361 shares in the last quarter. Betterment LLC raised its stake in Vanguard FTSE Developed Markets ETF by 0.8% during the fourth quarter. Betterment LLC now owns 138,588,366 shares of the company’s stock worth $8,657,615,000 after acquiring an additional 1,140,627 shares in the last quarter. Morgan Stanley lifted its holdings in shares of Vanguard FTSE Developed Markets ETF by 44.0% in the fourth quarter. Morgan Stanley now owns 90,491,038 shares of the company’s stock worth $5,652,975,000 after acquiring an additional 27,650,637 shares during the last quarter. Auto Owners Insurance Co lifted its holdings in shares of Vanguard FTSE Developed Markets ETF by 6,941.5% in the fourth quarter. Auto Owners Insurance Co now owns 73,636,513 shares of the company’s stock worth $4,600,073,000 after acquiring an additional 72,590,763 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. boosted its stake in shares of Vanguard FTSE Developed Markets ETF by 4.2% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 66,823,471 shares of the company’s stock valued at $4,761,172,000 after purchasing an additional 2,675,380 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Trading Up 0.4%

Shares of Vanguard FTSE Developed Markets ETF stock opened at $73.76 on Friday. The firm has a market capitalization of $238.98 billion, a PE ratio of 16.34 and a beta of 0.83. The firm’s 50 day moving average is $71.65 and its 200 day moving average is $69.56. Vanguard FTSE Developed Markets ETF has a 1 year low of $58.79 and a 1 year high of $74.04.

Vanguard FTSE Developed Markets ETF Company 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.