Bearing Point Capital LLC Purchases New Shares in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Bearing Point Capital LLC bought a new position in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 104,767 shares of the company’s stock, valued at approximately $5,010,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Seven Mile Advisory raised its stake in Vanguard FTSE Developed Markets ETF by 0.7% in the fourth quarter. Seven Mile Advisory now owns 27,400 shares of the company’s stock valued at $1,310,000 after buying an additional 198 shares during the period. Brown Lisle Cummings Inc. increased its holdings in shares of Vanguard FTSE Developed Markets ETF by 5.5% during the 4th quarter. Brown Lisle Cummings Inc. now owns 3,842 shares of the company’s stock worth $184,000 after acquiring an additional 200 shares during the last quarter. ARK & TLK Investments LLC raised its stake in Vanguard FTSE Developed Markets ETF by 3.5% in the 4th quarter. ARK & TLK Investments LLC now owns 6,109 shares of the company’s stock valued at $292,000 after acquiring an additional 205 shares during the period. O Connor Financial Group LLC lifted its holdings in Vanguard FTSE Developed Markets ETF by 3.4% during the 4th quarter. O Connor Financial Group LLC now owns 6,318 shares of the company’s stock valued at $302,000 after purchasing an additional 210 shares during the last quarter. Finally, O Dell Group LLC boosted its position in Vanguard FTSE Developed Markets ETF by 1.3% during the fourth quarter. O Dell Group LLC now owns 16,346 shares of the company’s stock worth $782,000 after purchasing an additional 216 shares during the period.

Vanguard FTSE Developed Markets ETF Price Performance

NYSEARCA:VEA opened at $53.61 on Friday. The company has a market cap of $152.25 billion, a P/E ratio of 15.69 and a beta of 0.86. The firm’s fifty day moving average price is $51.04 and its two-hundred day moving average price is $50.20. Vanguard FTSE Developed Markets ETF has a one year low of $45.14 and a one year high of $53.76.

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.