Spinnaker Investment Group LLC Purchases New Stake in Vanguard FTSE Developed Markets ETF $VEA

Spinnaker Investment Group LLC acquired a new position in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 10,317 shares of the company’s stock, valued at approximately $618,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in VEA. Charles Schwab Trust Co increased its stake in shares of Vanguard FTSE Developed Markets ETF by 3.1% in the 3rd quarter. Charles Schwab Trust Co now owns 1,099,255 shares of the company’s stock worth $65,867,000 after acquiring an additional 32,784 shares during the last quarter. SoundView Advisors Inc. grew its holdings in shares of Vanguard FTSE Developed Markets ETF by 1.9% in the third quarter. SoundView Advisors Inc. now owns 664,135 shares of the company’s stock valued at $39,794,000 after purchasing an additional 12,145 shares during the period. Myecfo LLC grew its holdings in shares of Vanguard FTSE Developed Markets ETF by 2.8% in the third quarter. Myecfo LLC now owns 418,079 shares of the company’s stock valued at $25,057,000 after purchasing an additional 11,551 shares during the period. Red Door Wealth Management LLC acquired a new stake in Vanguard FTSE Developed Markets ETF during the third quarter worth about $227,000. Finally, FC Advisory LLC raised its stake in Vanguard FTSE Developed Markets ETF by 2.4% during the third quarter. FC Advisory LLC now owns 92,576 shares of the company’s stock worth $5,547,000 after purchasing an additional 2,133 shares during the period.

Vanguard FTSE Developed Markets ETF Price Performance

NYSEARCA:VEA opened at $61.84 on Friday. The firm has a market capitalization of $184.26 billion, a price-to-earnings ratio of 16.34 and a beta of 0.87. The company’s 50-day moving average is $61.19 and its two-hundred day moving average is $59.14. Vanguard FTSE Developed Markets ETF has a 1-year low of $45.14 and a 1-year high of $63.08.

Vanguard FTSE Developed Markets ETF Company 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.