Occidental Asset Management LLC Boosts Stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Occidental Asset Management LLC increased its position in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 12.2% in the 4th quarter, Holdings Channel.com reports. The firm owned 6,239 shares of the company’s stock after acquiring an additional 677 shares during the quarter. Occidental Asset Management LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $299,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of VEA. Pacific Center for Financial Services acquired a new stake in shares of Vanguard FTSE Developed Markets ETF during the first quarter valued at about $25,000. Versant Capital Management Inc purchased a new position in shares of Vanguard FTSE Developed Markets ETF in the fourth quarter valued at approximately $29,000. VitalStone Financial LLC purchased a new position in shares of Vanguard FTSE Developed Markets ETF in the second quarter valued at approximately $28,000. Sunbelt Securities Inc. purchased a new position in shares of Vanguard FTSE Developed Markets ETF in the first quarter valued at approximately $29,000. Finally, Investment Research & Advisory Group Inc. boosted its stake in shares of Vanguard FTSE Developed Markets ETF by 273.9% in the fourth quarter. Investment Research & Advisory Group Inc. now owns 703 shares of the company’s stock valued at $34,000 after purchasing an additional 515 shares during the period.

Vanguard FTSE Developed Markets ETF Price Performance

Shares of NYSEARCA VEA traded down $0.10 during midday trading on Friday, hitting $50.17. The company’s stock had a trading volume of 8,336,013 shares, compared to its average volume of 11,135,784. The business’s fifty day simple moving average is $48.57 and its two-hundred day simple moving average is $46.34. Vanguard FTSE Developed Markets ETF has a 1 year low of $41.48 and a 1 year high of $50.36. The firm has a market capitalization of $123.42 billion, a price-to-earnings ratio of 11.40 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.