Napier Financial LLC Invests $4.40 Million in Vanguard FTSE Developed Markets ETF $VEA

Napier Financial LLC purchased a new position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) during the fourth quarter, HoldingsChannel.com reports. The fund purchased 70,392 shares of the company’s stock, valued at approximately $4,397,000. Vanguard FTSE Developed Markets ETF makes up approximately 1.1% of Napier Financial LLC’s investment portfolio, making the stock its 26th largest position.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Milestone Investment Advisors LLC lifted its holdings in shares of Vanguard FTSE Developed Markets ETF by 1.2% in the fourth quarter. Milestone Investment Advisors LLC now owns 26,664 shares of the company’s stock worth $1,666,000 after buying an additional 313 shares in the last quarter. JPMorgan Chase & Co. lifted its holdings in shares of Vanguard FTSE Developed Markets ETF by 2.9% in the fourth quarter. JPMorgan Chase & Co. now owns 14,279,977 shares of the company’s stock worth $892,070,000 after buying an additional 407,760 shares in the last quarter. Endeavor Private Wealth Inc. lifted its holdings in shares of Vanguard FTSE Developed Markets ETF by 12.3% in the fourth quarter. Endeavor Private Wealth Inc. now owns 29,537 shares of the company’s stock worth $1,845,000 after buying an additional 3,233 shares in the last quarter. Arrowroot Family Office LLC lifted its holdings in shares of Vanguard FTSE Developed Markets ETF by 37.2% in the fourth quarter. Arrowroot Family Office LLC now owns 158,063 shares of the company’s stock worth $9,874,000 after buying an additional 42,863 shares in the last quarter. Finally, Capital International Investors lifted its holdings in shares of Vanguard FTSE Developed Markets ETF by 273.5% in the fourth quarter. Capital International Investors now owns 157,629 shares of the company’s stock worth $9,897,000 after buying an additional 115,421 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Price Performance

Shares of VEA opened at $69.17 on Monday. The firm’s 50 day simple moving average is $68.61 and its 200 day simple moving average is $66.04. The company has a market capitalization of $221.85 billion, a P/E ratio of 16.34 and a beta of 0.83. Vanguard FTSE Developed Markets ETF has a 1-year low of $54.63 and a 1-year high of $72.32.

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.