Grove Street Fiduciary LLC Acquires New Holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Grove Street Fiduciary LLC bought a new position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) during the 4th quarter, Holdings Channel reports. The institutional investor bought 127,841 shares of the company’s stock, valued at approximately $6,113,000. Vanguard FTSE Developed Markets ETF accounts for about 3.2% of Grove Street Fiduciary LLC’s holdings, making the stock its 10th largest position.

Other large investors have also added to or reduced their stakes in the company. Strategic Financial Concepts LLC boosted its stake in shares of Vanguard FTSE Developed Markets ETF by 5,780.9% in the 4th quarter. Strategic Financial Concepts LLC now owns 10,808,939 shares of the company’s stock worth $516,883,000 after buying an additional 10,625,142 shares during the last quarter. Life Planning Partners Inc boosted its position in Vanguard FTSE Developed Markets ETF by 4,722.9% in the fourth quarter. Life Planning Partners Inc now owns 4,370,665 shares of the company’s stock worth $209,005,000 after purchasing an additional 4,280,041 shares during the last quarter. WealthNavi Inc. boosted its position in Vanguard FTSE Developed Markets ETF by 5.6% in the third quarter. WealthNavi Inc. now owns 46,095,601 shares of the company’s stock worth $2,434,309,000 after purchasing an additional 2,436,012 shares during the last quarter. International Assets Investment Management LLC grew its stake in shares of Vanguard FTSE Developed Markets ETF by 5,209.5% during the 3rd quarter. International Assets Investment Management LLC now owns 1,895,439 shares of the company’s stock valued at $100,098,000 after purchasing an additional 1,859,740 shares during the period. Finally, Cerity Partners LLC increased its position in shares of Vanguard FTSE Developed Markets ETF by 12.4% during the 3rd quarter. Cerity Partners LLC now owns 15,432,650 shares of the company’s stock valued at $814,998,000 after purchasing an additional 1,700,587 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Stock Up 0.4 %

Shares of NYSEARCA:VEA opened at $51.61 on Friday. The stock has a market capitalization of $135.22 billion, a PE ratio of 13.32 and a beta of 0.88. The firm’s 50 day moving average price is $49.26 and its 200-day moving average price is $50.30. Vanguard FTSE Developed Markets ETF has a twelve month low of $46.79 and a twelve month high of $53.40.

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.