Vanguard FTSE Developed Markets ETF $VEA Shares Bought by Okabena Investment Services Inc.

Okabena Investment Services Inc. grew its stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 40.0% during the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 480,191 shares of the company’s stock after purchasing an additional 137,155 shares during the quarter. Vanguard FTSE Developed Markets ETF makes up approximately 5.6% of Okabena Investment Services Inc.’s holdings, making the stock its 4th biggest holding. Okabena Investment Services Inc.’s holdings in Vanguard FTSE Developed Markets ETF were worth $28,773,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of VEA. Princeton Global Asset Management LLC lifted its holdings in Vanguard FTSE Developed Markets ETF by 2.6% during the 3rd quarter. Princeton Global Asset Management LLC now owns 6,718 shares of the company’s stock worth $403,000 after buying an additional 168 shares during the last quarter. Smith Salley Wealth Management lifted its stake in Vanguard FTSE Developed Markets ETF by 0.8% during the third quarter. Smith Salley Wealth Management now owns 20,096 shares of the company’s stock worth $1,204,000 after purchasing an additional 168 shares during the last quarter. Armbruster Capital Management Inc. lifted its stake in Vanguard FTSE Developed Markets ETF by 0.3% during the third quarter. Armbruster Capital Management Inc. now owns 62,626 shares of the company’s stock worth $3,753,000 after purchasing an additional 169 shares during the last quarter. Stanley Laman Group Ltd. boosted its holdings in Vanguard FTSE Developed Markets ETF by 1.5% in the third quarter. Stanley Laman Group Ltd. now owns 11,455 shares of the company’s stock worth $686,000 after purchasing an additional 169 shares during the period. Finally, PFG Investments LLC increased its stake in Vanguard FTSE Developed Markets ETF by 0.9% during the third quarter. PFG Investments LLC now owns 18,087 shares of the company’s stock valued at $1,084,000 after purchasing an additional 170 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Stock Performance

Shares of NYSEARCA:VEA opened at $70.24 on Friday. The company’s fifty day moving average is $66.01 and its two-hundred day moving average is $62.36. Vanguard FTSE Developed Markets ETF has a 1-year low of $45.14 and a 1-year high of $70.55. The stock has a market capitalization of $217.58 billion, a price-to-earnings ratio of 16.34 and a beta of 0.87.

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.