Elm Partners Management LLC Raises Position in Vanguard FTSE Developed Markets ETF $VEA

Elm Partners Management LLC lifted its position in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 161.7% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 52,366 shares of the company’s stock after acquiring an additional 32,354 shares during the quarter. Elm Partners Management LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $3,138,000 at the end of the most recent quarter.

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

Vanguard FTSE Developed Markets ETF Stock Up 0.4%

Shares of VEA opened at $66.46 on Tuesday. The company has a market capitalization of $205.87 billion, a PE ratio of 16.34 and a beta of 0.87. Vanguard FTSE Developed Markets ETF has a 52-week low of $45.14 and a 52-week high of $67.39. The company has a 50-day simple moving average of $63.46 and a 200-day simple moving average of $60.89.

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.