Barings LLC Takes Position in Vanguard FTSE Developed Markets ETF $VEA

Barings LLC bought a new stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) in the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 16,483 shares of the company’s stock, valued at approximately $1,056,000.

Other hedge funds have also recently added to or reduced their stakes in the company. Angeles Wealth Management LLC increased its position in Vanguard FTSE Developed Markets ETF by 4.8% during the first quarter. Angeles Wealth Management LLC now owns 85,156 shares of the company’s stock worth $5,457,000 after buying an additional 3,913 shares during the period. Fiscal Wisdom Wealth Management LLC lifted its stake in Vanguard FTSE Developed Markets ETF by 38.6% in the first quarter. Fiscal Wisdom Wealth Management LLC now owns 19,024 shares of the company’s stock valued at $1,219,000 after buying an additional 5,300 shares during the last quarter. Bessemer Group Inc. boosted its holdings in shares of Vanguard FTSE Developed Markets ETF by 29.8% in the first quarter. Bessemer Group Inc. now owns 294,843 shares of the company’s stock valued at $18,893,000 after acquiring an additional 67,739 shares during the period. One Day In July LLC boosted its holdings in shares of Vanguard FTSE Developed Markets ETF by 0.9% in the first quarter. One Day In July LLC now owns 61,235 shares of the company’s stock valued at $3,924,000 after acquiring an additional 559 shares during the period. Finally, Frisch Financial Group Inc. grew its position in shares of Vanguard FTSE Developed Markets ETF by 6.7% during the first quarter. Frisch Financial Group Inc. now owns 4,582 shares of the company’s stock worth $294,000 after acquiring an additional 287 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Trading Down 1.1%

Shares of VEA opened at $70.03 on Friday. The company’s 50 day simple moving average is $70.86 and its 200-day simple moving average is $67.94. The firm has a market cap of $226.89 billion, a PE ratio of 16.34 and a beta of 0.83. Vanguard FTSE Developed Markets ETF has a 12-month low of $55.68 and a 12-month high of $73.23.

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.