Cambridge Capital Management LLC Acquires New Position in Vanguard FTSE Developed Markets ETF $VEA

Cambridge Capital Management LLC purchased a new position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 288,620 shares of the company’s stock, valued at approximately $16,454,000. Vanguard FTSE Developed Markets ETF accounts for approximately 8.8% of Cambridge Capital Management LLC’s investment portfolio, making the stock its 4th biggest holding.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in VEA. Wealthspire Advisors LLC boosted its position in shares of Vanguard FTSE Developed Markets ETF by 110.7% during the 1st quarter. Wealthspire Advisors LLC now owns 22,514,780 shares of the company’s stock valued at $1,144,426,000 after acquiring an additional 11,830,891 shares during the last quarter. TFO Wealth Partners LLC bought a new position in shares of Vanguard FTSE Developed Markets ETF during the 1st quarter valued at approximately $222,710,000. Wit LLC boosted its position in shares of Vanguard FTSE Developed Markets ETF by 99,898.4% during the 1st quarter. Wit LLC now owns 4,020,934 shares of the company’s stock valued at $204,384,000 after acquiring an additional 4,016,913 shares during the last quarter. SCS Capital Management LLC boosted its position in shares of Vanguard FTSE Developed Markets ETF by 48.0% during the 1st quarter. SCS Capital Management LLC now owns 10,411,294 shares of the company’s stock valued at $529,206,000 after acquiring an additional 3,377,989 shares during the last quarter. Finally, RWA Wealth Partners LLC boosted its position in shares of Vanguard FTSE Developed Markets ETF by 20.6% during the 1st quarter. RWA Wealth Partners LLC now owns 13,542,589 shares of the company’s stock valued at $688,370,000 after acquiring an additional 2,313,204 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Stock Performance

NYSEARCA VEA opened at $60.71 on Thursday. The stock has a 50 day moving average price of $59.67 and a 200-day moving average price of $56.50. Vanguard FTSE Developed Markets ETF has a one year low of $45.14 and a one year high of $61.32. The company has a market capitalization of $180.89 billion, a P/E ratio of 16.34 and a beta of 0.89.

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.