Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) Share Price Crosses Above 200 Day Moving Average – Here’s Why

Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) shares crossed above its 200-day moving average during trading on Wednesday. The stock has a 200-day moving average of $69.63 and traded as high as $70.02. Vanguard FTSE Developed Markets ETF shares last traded at $69.92, with a volume of 5,590,234 shares trading hands.

Vanguard FTSE Developed Markets ETF Stock Up 0.0%

The firm has a 50 day simple moving average of $70.65 and a two-hundred day simple moving average of $69.64. The stock has a market capitalization of $229.25 billion, a P/E ratio of 14.61 and a beta of 0.85.

Hedge Funds Weigh In On Vanguard FTSE Developed Markets ETF

Institutional investors have recently modified their holdings of the business. Pathway Financial Advisors LLC boosted its position in Vanguard FTSE Developed Markets ETF by 44.9% during the 3rd quarter. Pathway Financial Advisors LLC now owns 70,764 shares of the company’s stock worth $4,997,000 after buying an additional 21,916 shares during the period. AdvisorNet Financial Inc increased its position in Vanguard FTSE Developed Markets ETF by 4.2% in the 3rd quarter. AdvisorNet Financial Inc now owns 523,978 shares of the company’s stock valued at $36,312,000 after acquiring an additional 21,081 shares during the period. Moody National Bank Trust Division increased its position in Vanguard FTSE Developed Markets ETF by 7.9% in the 3rd quarter. Moody National Bank Trust Division now owns 1,176,580 shares of the company’s stock valued at $83,078,000 after acquiring an additional 86,572 shares during the period. Fifth Third Wealth Advisors LLC raised its stake in shares of Vanguard FTSE Developed Markets ETF by 5.7% during the third quarter. Fifth Third Wealth Advisors LLC now owns 316,675 shares of the company’s stock valued at $22,360,000 after acquiring an additional 17,165 shares during the last quarter. Finally, NewEdge Advisors LLC raised its stake in shares of Vanguard FTSE Developed Markets ETF by 2.9% during the second quarter. NewEdge Advisors LLC now owns 2,363,407 shares of the company’s stock valued at $168,393,000 after acquiring an additional 66,681 shares during the last quarter.

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.