Miller Investment Management LP Raises Stock Holdings in Vanguard FTSE Developed Markets ETF $VEA

Miller Investment Management LP boosted its position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 299.8% in the third quarter, Holdings Channel.com reports. The firm owned 63,339 shares of the company’s stock after buying an additional 47,497 shares during the quarter. Vanguard FTSE Developed Markets ETF comprises approximately 0.4% of Miller Investment Management LP’s investment portfolio, making the stock its 24th largest position. Miller Investment Management LP’s holdings in Vanguard FTSE Developed Markets ETF were worth $3,795,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently modified their holdings of the company. Princeton Global Asset Management LLC lifted its position in Vanguard FTSE Developed Markets ETF by 2.6% during the 3rd quarter. Princeton Global Asset Management LLC now owns 6,718 shares of the company’s stock valued at $403,000 after acquiring an additional 168 shares during the period. Smith Salley Wealth Management increased its stake in shares of Vanguard FTSE Developed Markets ETF by 0.8% during the third quarter. Smith Salley Wealth Management now owns 20,096 shares of the company’s stock valued at $1,204,000 after purchasing an additional 168 shares in the last quarter. Armbruster Capital Management Inc. lifted its holdings in shares of Vanguard FTSE Developed Markets ETF by 0.3% during the third quarter. Armbruster Capital Management Inc. now owns 62,626 shares of the company’s stock valued at $3,753,000 after purchasing an additional 169 shares during the last quarter. Stanley Laman Group Ltd. boosted its position in shares of Vanguard FTSE Developed Markets ETF by 1.5% in the 3rd quarter. Stanley Laman Group Ltd. now owns 11,455 shares of the company’s stock worth $686,000 after purchasing an additional 169 shares in the last quarter. Finally, PFG Investments LLC boosted its position in shares of Vanguard FTSE Developed Markets ETF by 0.9% in 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 Down 0.5%

Vanguard FTSE Developed Markets ETF stock opened at $69.18 on Tuesday. Vanguard FTSE Developed Markets ETF has a twelve month low of $45.14 and a twelve month high of $69.66. The company has a market capitalization of $214.29 billion, a P/E ratio of 16.34 and a beta of 0.87. The stock’s 50 day moving average is $65.38 and its 200 day moving average is $62.06.

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.