a16z Perennial Management L.P. Acquires New Holdings in Vanguard FTSE Developed Markets ETF $VEA

a16z Perennial Management L.P. bought a new stake in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm bought 48,840 shares of the company’s stock, valued at approximately $2,926,000. Vanguard FTSE Developed Markets ETF makes up about 0.2% of a16z Perennial Management L.P.’s portfolio, making the stock its 23rd biggest position.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Princeton Global Asset Management LLC grew its holdings in Vanguard FTSE Developed Markets ETF by 2.6% during the 3rd quarter. Princeton Global Asset Management LLC now owns 6,718 shares of the company’s stock valued at $403,000 after buying an additional 168 shares during the last quarter. Smith Salley Wealth Management raised its holdings in shares of Vanguard FTSE Developed Markets ETF by 0.8% in the third quarter. Smith Salley Wealth Management now owns 20,096 shares of the company’s stock worth $1,204,000 after acquiring an additional 168 shares during the last quarter. Armbruster Capital Management Inc. lifted its position in shares of Vanguard FTSE Developed Markets ETF by 0.3% in the third quarter. Armbruster Capital Management Inc. now owns 62,626 shares of the company’s stock valued at $3,753,000 after acquiring an additional 169 shares in the last quarter. Stanley Laman Group Ltd. boosted its stake in shares of Vanguard FTSE Developed Markets ETF by 1.5% during the third quarter. Stanley Laman Group Ltd. now owns 11,455 shares of the company’s stock valued at $686,000 after acquiring an additional 169 shares during the last quarter. Finally, PFG Investments LLC increased its position in Vanguard FTSE Developed Markets ETF by 0.9% during the 3rd quarter. PFG Investments LLC now owns 18,087 shares of the company’s stock worth $1,084,000 after purchasing an additional 170 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Trading Up 2.2%

Shares of VEA stock opened at $67.37 on Friday. The company has a market capitalization of $208.69 billion, a price-to-earnings ratio of 16.34 and a beta of 0.87. The firm has a 50-day moving average price of $63.90 and a 200 day moving average price of $61.10. Vanguard FTSE Developed Markets ETF has a twelve month low of $45.14 and a twelve month high of $67.46.

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.