Migdal Insurance & Financial Holdings Ltd. Invests $1.52 Million in Vanguard FTSE Developed Markets ETF $VEA

Migdal Insurance & Financial Holdings Ltd. purchased a new position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) during the third quarter, Holdings Channel reports. The firm purchased 25,303 shares of the company’s stock, valued at approximately $1,516,000.

Several other institutional investors and hedge funds have also bought and sold shares of the company. IFS Advisors LLC bought a new position in Vanguard FTSE Developed Markets ETF in the 2nd quarter valued at about $35,000. Armstrong Advisory Group Inc. lifted its holdings in shares of Vanguard FTSE Developed Markets ETF by 210.1% during the 2nd quarter. Armstrong Advisory Group Inc. now owns 831 shares of the company’s stock worth $47,000 after acquiring an additional 563 shares during the period. Elevation Point Wealth Partners LLC acquired a new stake in shares of Vanguard FTSE Developed Markets ETF during the 2nd quarter worth approximately $48,000. Kilter Group LLC bought a new position in Vanguard FTSE Developed Markets ETF in the second quarter valued at approximately $49,000. Finally, Mid American Wealth Advisory Group Inc. bought a new position in Vanguard FTSE Developed Markets ETF in the second quarter valued at approximately $52,000.

Vanguard FTSE Developed Markets ETF Price Performance

Shares of VEA opened at $64.27 on Wednesday. The firm has a 50 day simple moving average of $62.42 and a two-hundred day simple moving average of $60.29. Vanguard FTSE Developed Markets ETF has a one year low of $45.14 and a one year high of $65.18. The company has a market cap of $199.08 billion, a P/E ratio of 16.34 and a beta of 0.87.

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.