Okabena Investment Services Inc. Purchases 52,908 Shares of Vanguard FTSE Developed Markets ETF $VEA

Okabena Investment Services Inc. boosted its position in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 11.0% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 533,099 shares of the company’s stock after buying an additional 52,908 shares during the period. Vanguard FTSE Developed Markets ETF makes up approximately 6.4% of Okabena Investment Services Inc.’s investment portfolio, making the stock its 2nd largest position. Okabena Investment Services Inc.’s holdings in Vanguard FTSE Developed Markets ETF were worth $33,303,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Betterment LLC grew its holdings in Vanguard FTSE Developed Markets ETF by 0.8% during the 4th quarter. Betterment LLC now owns 138,588,366 shares of the company’s stock worth $8,657,615,000 after acquiring an additional 1,140,627 shares during the last quarter. Morgan Stanley grew its holdings in Vanguard FTSE Developed Markets ETF by 44.0% during the 4th quarter. Morgan Stanley now owns 90,491,038 shares of the company’s stock worth $5,652,975,000 after acquiring an additional 27,650,637 shares during the last quarter. Wells Fargo & Company MN grew its holdings in Vanguard FTSE Developed Markets ETF by 1.3% during the 4th quarter. Wells Fargo & Company MN now owns 64,314,341 shares of the company’s stock worth $4,017,717,000 after acquiring an additional 848,196 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its holdings in Vanguard FTSE Developed Markets ETF by 6.5% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 61,886,335 shares of the company’s stock worth $3,866,039,000 after acquiring an additional 3,757,877 shares during the last quarter. Finally, Wealthfront Advisers LLC grew its holdings in Vanguard FTSE Developed Markets ETF by 0.6% during the 4th quarter. Wealthfront Advisers LLC now owns 58,685,582 shares of the company’s stock worth $3,666,088,000 after acquiring an additional 375,614 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Price Performance

VEA opened at $72.39 on Tuesday. Vanguard FTSE Developed Markets ETF has a fifty-two week low of $54.63 and a fifty-two week high of $72.80. The firm has a market capitalization of $232.17 billion, a price-to-earnings ratio of 16.34 and a beta of 0.83. The company’s 50 day moving average price is $69.48 and its two-hundred day moving average price is $66.50.

Vanguard FTSE Developed Markets ETF 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.