Investment Partners LTD. Boosts Stock Position in Vanguard FTSE Developed Markets ETF $VEA

Investment Partners LTD. grew its stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 3.5% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 267,283 shares of the company’s stock after purchasing an additional 9,050 shares during the quarter. Vanguard FTSE Developed Markets ETF makes up about 5.8% of Investment Partners LTD.’s holdings, making the stock its 2nd largest position. Investment Partners LTD.’s holdings in Vanguard FTSE Developed Markets ETF were worth $16,697,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently modified their holdings of the business. CFS Investment Advisory Services LLC increased its position in shares of Vanguard FTSE Developed Markets ETF by 2.8% during the fourth quarter. CFS Investment Advisory Services LLC now owns 293,268 shares of the company’s stock valued at $18,320,000 after acquiring an additional 8,125 shares during the last quarter. Baker Avenue Asset Management LP increased its position in shares of Vanguard FTSE Developed Markets ETF by 4.2% during the fourth quarter. Baker Avenue Asset Management LP now owns 69,976 shares of the company’s stock valued at $4,371,000 after acquiring an additional 2,812 shares during the last quarter. Godfrey Financial Associates Inc. purchased a new stake in shares of Vanguard FTSE Developed Markets ETF during the fourth quarter valued at approximately $831,000. Thoroughbred Financial Services LLC increased its position in shares of Vanguard FTSE Developed Markets ETF by 4.2% during the fourth quarter. Thoroughbred Financial Services LLC now owns 64,390 shares of the company’s stock valued at $4,022,000 after acquiring an additional 2,574 shares during the last quarter. Finally, MidAtlantic Capital Management Inc. increased its position in shares of Vanguard FTSE Developed Markets ETF by 0.4% during the fourth quarter. MidAtlantic Capital Management Inc. now owns 88,952 shares of the company’s stock valued at $5,557,000 after acquiring an additional 350 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Trading Up 0.4%

Shares of VEA opened at $71.66 on Friday. The company has a market capitalization of $229.83 billion, a price-to-earnings ratio of 16.34 and a beta of 0.83. The stock has a 50 day moving average of $67.67 and a 200 day moving average of $65.62. Vanguard FTSE Developed Markets ETF has a 12 month low of $54.63 and a 12 month high of $71.88.

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.