HFM Investment Advisors LLC Makes New Investment in Vanguard FTSE Developed Markets ETF $VEA

HFM Investment Advisors LLC bought a new position in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) during the 1st quarter, Holdings Channel.com reports. The firm bought 1,128 shares of the company’s stock, valued at approximately $57,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of VEA. MBB Public Markets I LLC bought a new position in shares of Vanguard FTSE Developed Markets ETF in the 1st quarter worth about $33,655,000. Ascent Group LLC increased its position in Vanguard FTSE Developed Markets ETF by 69.0% in the 1st quarter. Ascent Group LLC now owns 297,204 shares of the company’s stock valued at $15,107,000 after buying an additional 121,297 shares in the last quarter. Coppell Advisory Solutions LLC increased its position in Vanguard FTSE Developed Markets ETF by 11.4% in the 1st quarter. Coppell Advisory Solutions LLC now owns 15,873 shares of the company’s stock valued at $840,000 after buying an additional 1,619 shares in the last quarter. Arete Wealth Advisors LLC increased its position in Vanguard FTSE Developed Markets ETF by 12.3% in the 1st quarter. Arete Wealth Advisors LLC now owns 147,858 shares of the company’s stock valued at $7,516,000 after buying an additional 16,186 shares in the last quarter. Finally, Ashton Thomas Private Wealth LLC increased its position in Vanguard FTSE Developed Markets ETF by 32.0% in the 1st quarter. Ashton Thomas Private Wealth LLC now owns 285,491 shares of the company’s stock valued at $14,512,000 after buying an additional 69,260 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Stock Performance

Shares of VEA opened at $59.53 on Tuesday. The stock has a 50 day moving average price of $57.79 and a two-hundred day moving average price of $54.64. The firm has a market capitalization of $171.03 billion, a P/E ratio of 16.34 and a beta of 0.89. Vanguard FTSE Developed Markets ETF has a 52 week low of $45.14 and a 52 week high of $59.67.

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.