Baird Financial Group Inc. Purchases 280,254 Shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Baird Financial Group Inc. increased its position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 2.3% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 12,524,575 shares of the company’s stock after acquiring an additional 280,254 shares during the period. Vanguard FTSE Developed Markets ETF makes up about 1.7% of Baird Financial Group Inc.’s investment portfolio, making the stock its 6th biggest position. Baird Financial Group Inc. owned approximately 0.63% of Vanguard FTSE Developed Markets ETF worth $645,266,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Monarch Capital Management Inc. grew its holdings in Vanguard FTSE Developed Markets ETF by 0.5% during the 2nd quarter. Monarch Capital Management Inc. now owns 36,395 shares of the company’s stock valued at $1,875,000 after buying an additional 196 shares during the last quarter. Tranquility Partners LLC grew its holdings in Vanguard FTSE Developed Markets ETF by 3.1% during the 2nd quarter. Tranquility Partners LLC now owns 6,781 shares of the company’s stock valued at $349,000 after buying an additional 202 shares during the last quarter. Geller Advisors LLC grew its holdings in Vanguard FTSE Developed Markets ETF by 1.6% during the 2nd quarter. Geller Advisors LLC now owns 13,368 shares of the company’s stock valued at $689,000 after buying an additional 210 shares during the last quarter. Cornerstone Wealth Management LLC grew its holdings in Vanguard FTSE Developed Markets ETF by 0.9% during the 2nd quarter. Cornerstone Wealth Management LLC now owns 23,880 shares of the company’s stock valued at $1,230,000 after buying an additional 219 shares during the last quarter. Finally, AMI Investment Management Inc. boosted its holdings in shares of Vanguard FTSE Developed Markets ETF by 0.9% during the first quarter. AMI Investment Management Inc. now owns 24,362 shares of the company’s stock worth $1,196,000 after purchasing an additional 225 shares during the last quarter.

Shares of VEA stock traded up $0.46 during mid-day trading on Wednesday, hitting $51.98. 105,721 shares of the company’s stock were exchanged, compared to its average volume of 8,434,010. Vanguard FTSE Developed Markets ETF has a fifty-two week low of $39.13 and a fifty-two week high of $53.49. The stock has a 50-day simple moving average of $52.17 and a two-hundred day simple moving average of $51.52.

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Institutional Ownership by Quarter for Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

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