Tortoise Investment Management LLC Raises Position in Vanguard FTSE Developed Markets ETF $VEA

Tortoise Investment Management LLC raised its position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 2.0% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 171,889 shares of the company’s stock after buying an additional 3,394 shares during the period. Tortoise Investment Management LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $9,799,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Financial Network Wealth Advisors LLC acquired a new stake in Vanguard FTSE Developed Markets ETF during the 1st quarter worth $26,000. Nemes Rush Group LLC grew its stake in Vanguard FTSE Developed Markets ETF by 236.5% during the 1st quarter. Nemes Rush Group LLC now owns 572 shares of the company’s stock valued at $29,000 after acquiring an additional 402 shares in the last quarter. IFS Advisors LLC acquired a new stake in Vanguard FTSE Developed Markets ETF in the 2nd quarter valued at about $35,000. Armstrong Advisory Group Inc. lifted its stake in Vanguard FTSE Developed Markets ETF by 210.1% in the 2nd quarter. Armstrong Advisory Group Inc. now owns 831 shares of the company’s stock worth $47,000 after purchasing an additional 563 shares in the last quarter. Finally, Brooklyn Investment Group boosted its holdings in shares of Vanguard FTSE Developed Markets ETF by 185.1% during the 1st quarter. Brooklyn Investment Group now owns 958 shares of the company’s stock worth $49,000 after purchasing an additional 622 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Price Performance

VEA stock opened at $61.32 on Friday. Vanguard FTSE Developed Markets ETF has a 1 year low of $45.14 and a 1 year high of $62.20. The firm has a market capitalization of $182.71 billion, a PE ratio of 16.34 and a beta of 0.87. The business has a 50 day simple moving average of $60.49 and a 200-day simple moving average of $57.93.

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.