Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) Sets New 1-Year High – Time to Buy?

Shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEAGet Free Report) reached a new 52-week high during trading on Wednesday . The company traded as high as $70.72 and last traded at $70.65, with a volume of 569680 shares trading hands. The stock had previously closed at $68.98.

Vanguard FTSE Developed Markets ETF Trading Up 2.4%

The company has a market cap of $226.66 billion, a price-to-earnings ratio of 16.34 and a beta of 0.83. The stock’s fifty day simple moving average is $66.52 and its 200 day simple moving average is $64.48.

Institutional Trading of Vanguard FTSE Developed Markets ETF

A number of hedge funds have recently bought and sold shares of the business. Nova Wealth Management Inc. increased its holdings in shares of Vanguard FTSE Developed Markets ETF by 151.5% during the 4th quarter. Nova Wealth Management Inc. now owns 420 shares of the company’s stock worth $26,000 after buying an additional 253 shares during the last quarter. GGM Financials LLC acquired a new stake in shares of Vanguard FTSE Developed Markets ETF during the 3rd quarter worth approximately $27,000. Ulland Investment Advisors LLC increased its holdings in shares of Vanguard FTSE Developed Markets ETF by 75.6% during the 3rd quarter. Ulland Investment Advisors LLC now owns 562 shares of the company’s stock worth $34,000 after buying an additional 242 shares during the last quarter. Strategic Wealth Advisors LLC acquired a new stake in shares of Vanguard FTSE Developed Markets ETF during the 4th quarter worth approximately $35,000. Finally, Cloud Capital Management LLC acquired a new stake in shares of Vanguard FTSE Developed Markets ETF during the 3rd quarter worth approximately $37,000.

About Vanguard FTSE Developed Markets ETF

(Get Free Report)

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.

Further Reading

Receive News & Ratings for Vanguard FTSE Developed Markets ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vanguard FTSE Developed Markets ETF and related companies with MarketBeat.com's FREE daily email newsletter.