Olde Wealth Management LLC Takes Position in Vanguard FTSE Developed Markets ETF $VEA

Olde Wealth Management LLC purchased a new position in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) during the third quarter, Holdings Channel reports. The institutional investor purchased 17,995 shares of the company’s stock, valued at approximately $1,103,000.

Several other hedge funds and other institutional investors have also bought and sold shares of VEA. Corient Private Wealth LLC grew its stake in Vanguard FTSE Developed Markets ETF by 122.9% in the 2nd quarter. Corient Private Wealth LLC now owns 41,168,047 shares of the company’s stock valued at $2,201,917,000 after purchasing an additional 22,700,179 shares during the period. Gallagher Fiduciary Advisors LLC raised its stake in shares of Vanguard FTSE Developed Markets ETF by 5,002.6% during the 2nd quarter. Gallagher Fiduciary Advisors LLC now owns 11,901,177 shares of the company’s stock worth $678,486,000 after purchasing an additional 11,667,939 shares during the period. Bank of America Corp DE raised its stake in shares of Vanguard FTSE Developed Markets ETF by 3.0% during the 2nd quarter. Bank of America Corp DE now owns 194,545,244 shares of the company’s stock worth $11,091,024,000 after purchasing an additional 5,747,233 shares during the period. Cambridge Associates LLC MA ADV boosted its holdings in shares of Vanguard FTSE Developed Markets ETF by 152.5% in the 3rd quarter. Cambridge Associates LLC MA ADV now owns 8,489,920 shares of the company’s stock worth $508,716,000 after buying an additional 5,127,412 shares during the last quarter. Finally, Gridiron Partners LLC grew its position in Vanguard FTSE Developed Markets ETF by 16,333.2% during the third quarter. Gridiron Partners LLC now owns 4,432,845 shares of the company’s stock valued at $265,616,000 after buying an additional 4,405,870 shares during the period.

Vanguard FTSE Developed Markets ETF Stock Performance

VEA opened at $63.82 on Friday. Vanguard FTSE Developed Markets ETF has a fifty-two week low of $45.14 and a fifty-two week high of $70.55. The firm has a 50-day moving average of $66.69 and a 200 day moving average of $62.84. The firm has a market cap of $197.69 billion, a P/E ratio of 16.34 and a beta of 0.87.

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.