Choate Investment Advisors Boosts Position in Vanguard FTSE Developed Markets ETF $VEA

Choate Investment Advisors grew its holdings in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 10.8% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 569,722 shares of the company’s stock after acquiring an additional 55,340 shares during the quarter. Vanguard FTSE Developed Markets ETF comprises 0.7% of Choate Investment Advisors’ portfolio, making the stock its 25th largest holding. Choate Investment Advisors’ holdings in Vanguard FTSE Developed Markets ETF were worth $35,591,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in VEA. Corient Private Wealth LLC boosted its position in shares of Vanguard FTSE Developed Markets ETF by 122.9% during the second quarter. Corient Private Wealth LLC now owns 41,168,047 shares of the company’s stock valued at $2,201,917,000 after purchasing an additional 22,700,179 shares in the last quarter. Moneta Group Investment Advisors LLC boosted its position in shares of Vanguard FTSE Developed Markets ETF by 904.9% during the third quarter. Moneta Group Investment Advisors LLC now owns 10,887,168 shares of the company’s stock valued at $652,359,000 after purchasing an additional 9,803,737 shares in the last quarter. Jasper Ridge Partners L.P. boosted its position in shares of Vanguard FTSE Developed Markets ETF by 35.6% during the third quarter. Jasper Ridge Partners L.P. now owns 20,757,883 shares of the company’s stock valued at $1,243,812,000 after purchasing an additional 5,451,849 shares in the last quarter. Cambridge Associates LLC MA ADV boosted its position in shares of Vanguard FTSE Developed Markets ETF by 152.5% during the third quarter. Cambridge Associates LLC MA ADV now owns 8,489,920 shares of the company’s stock valued at $508,716,000 after purchasing an additional 5,127,412 shares in the last quarter. Finally, Mercer Global Advisors Inc. ADV boosted its position in shares of Vanguard FTSE Developed Markets ETF by 16.8% during the third quarter. Mercer Global Advisors Inc. ADV now owns 33,413,896 shares of the company’s stock valued at $2,002,157,000 after purchasing an additional 4,798,488 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Price Performance

NYSEARCA VEA opened at $70.46 on Monday. Vanguard FTSE Developed Markets ETF has a twelve month low of $54.44 and a twelve month high of $71.12. The firm has a market capitalization of $225.98 billion, a PE ratio of 16.34 and a beta of 0.83. The stock’s 50 day moving average is $67.14 and its 200 day moving average is $65.31.

About Vanguard FTSE Developed Markets ETF

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.