Focused Wealth Management Inc Invests $615,000 in Vanguard FTSE Developed Markets ETF $VEA

Focused Wealth Management Inc acquired a new stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 9,597 shares of the company’s stock, valued at approximately $615,000.

Several other institutional investors and hedge funds have also bought and sold shares of VEA. Auto Owners Insurance Co raised its stake in shares of Vanguard FTSE Developed Markets ETF by 6,941.5% in the fourth quarter. Auto Owners Insurance Co now owns 73,636,513 shares of the company’s stock valued at $4,600,073,000 after buying an additional 72,590,763 shares during the period. Morgan Stanley grew its stake in shares of 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 period. Corient Private Wealth LLC grew its stake in shares of Vanguard FTSE Developed Markets ETF by 122.9% during the 2nd quarter. Corient Private Wealth LLC now owns 41,168,047 shares of the company’s stock worth $2,201,917,000 after acquiring an additional 22,700,179 shares during the period. Moneta Group Investment Advisors LLC increased its holdings in Vanguard FTSE Developed Markets ETF by 904.9% in the 3rd quarter. Moneta Group Investment Advisors LLC now owns 10,887,168 shares of the company’s stock worth $652,359,000 after acquiring an additional 9,803,737 shares during the last quarter. Finally, Jasper Ridge Partners L.P. increased its holdings in Vanguard FTSE Developed Markets ETF by 35.6% in the 3rd quarter. Jasper Ridge Partners L.P. now owns 20,757,883 shares of the company’s stock worth $1,243,812,000 after acquiring an additional 5,451,849 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Stock Performance

Shares of Vanguard FTSE Developed Markets ETF stock opened at $70.17 on Wednesday. The stock has a market capitalization of $225.05 billion, a P/E ratio of 16.34 and a beta of 0.83. Vanguard FTSE Developed Markets ETF has a 52-week low of $55.68 and a 52-week high of $73.23. The stock’s 50-day simple moving average is $70.15 and its 200 day simple moving average is $66.94.

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.