Cedar Point Capital Partners LLC Grows Stake in Vanguard FTSE Developed Markets ETF $VEA

Cedar Point Capital Partners LLC boosted its position in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 3.8% during the 1st quarter, HoldingsChannel reports. The firm owned 7,633 shares of the company’s stock after buying an additional 277 shares during the period. Cedar Point Capital Partners LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $388,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the company. Smartleaf Asset Management LLC increased its holdings in Vanguard FTSE Developed Markets ETF by 5.7% during the 1st quarter. Smartleaf Asset Management LLC now owns 129,133 shares of the company’s stock worth $6,617,000 after purchasing an additional 6,959 shares during the period. Bahl & Gaynor Inc. increased its holdings in shares of Vanguard FTSE Developed Markets ETF by 1.2% in the 1st quarter. Bahl & Gaynor Inc. now owns 30,896 shares of the company’s stock valued at $1,570,000 after acquiring an additional 357 shares during the period. Caitlin John LLC increased its holdings in shares of Vanguard FTSE Developed Markets ETF by 63.2% in the 1st quarter. Caitlin John LLC now owns 8,507 shares of the company’s stock valued at $432,000 after acquiring an additional 3,295 shares during the period. Northwestern Mutual Wealth Management Co. increased its holdings in shares of Vanguard FTSE Developed Markets ETF by 3.2% in the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 59,628,214 shares of the company’s stock valued at $3,030,902,000 after acquiring an additional 1,840,640 shares during the period. Finally, JRM Investment Counsel LLC increased its holdings in shares of Vanguard FTSE Developed Markets ETF by 10.8% in the 1st quarter. JRM Investment Counsel LLC now owns 591,379 shares of the company’s stock valued at $30,060,000 after acquiring an additional 57,769 shares during the period.

Vanguard FTSE Developed Markets ETF Trading Up 1.6%

Shares of NYSEARCA:VEA opened at $59.56 on Friday. Vanguard FTSE Developed Markets ETF has a 12-month low of $45.14 and a 12-month high of $59.67. The business’s fifty day simple moving average is $57.19 and its 200-day simple moving average is $54.01. The company has a market capitalization of $171.12 billion, a PE ratio of 16.34 and a beta of 0.89.

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.