Carmel Capital Partners LLC Buys 1,597 Shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Carmel Capital Partners LLC increased its stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 21.0% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 9,197 shares of the company’s stock after acquiring an additional 1,597 shares during the period. Carmel Capital Partners LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $440,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of VEA. Raymond James Financial Inc. bought a new position in shares of Vanguard FTSE Developed Markets ETF during the fourth quarter valued at approximately $563,154,000. Strategic Financial Concepts LLC increased its stake in shares of Vanguard FTSE Developed Markets ETF by 5,780.9% during the fourth quarter. Strategic Financial Concepts LLC now owns 10,808,939 shares of the company’s stock valued at $516,883,000 after purchasing an additional 10,625,142 shares in the last quarter. US Bancorp DE increased its stake in shares of Vanguard FTSE Developed Markets ETF by 56.6% during the fourth quarter. US Bancorp DE now owns 23,812,753 shares of the company’s stock valued at $1,138,726,000 after purchasing an additional 8,608,172 shares in the last quarter. Life Planning Partners Inc increased its stake in shares of Vanguard FTSE Developed Markets ETF by 4,722.9% during the fourth quarter. Life Planning Partners Inc now owns 4,370,665 shares of the company’s stock valued at $209,005,000 after purchasing an additional 4,280,041 shares in the last quarter. Finally, WealthNavi Inc. increased its stake in shares of Vanguard FTSE Developed Markets ETF by 7.2% during the fourth quarter. WealthNavi Inc. now owns 49,426,996 shares of the company’s stock valued at $2,363,599,000 after purchasing an additional 3,331,395 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Stock Performance

Shares of NYSEARCA VEA opened at $52.52 on Thursday. Vanguard FTSE Developed Markets ETF has a fifty-two week low of $46.79 and a fifty-two week high of $53.40. The company has a 50 day simple moving average of $49.77 and a two-hundred day simple moving average of $50.46. The company has a market capitalization of $147.58 billion, a price-to-earnings ratio of 16.75 and a beta of 0.92.

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.