Kendall Capital Management Takes $332,000 Position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Kendall Capital Management acquired a new stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) during the fourth quarter, HoldingsChannel.com reports. The fund acquired 6,952 shares of the company’s stock, valued at approximately $332,000.

A number of other institutional investors also recently modified their holdings of VEA. Principal Financial Group Inc. boosted its stake in shares of Vanguard FTSE Developed Markets ETF by 308.2% in the 3rd quarter. Principal Financial Group Inc. now owns 462,230 shares of the company’s stock valued at $24,410,000 after purchasing an additional 348,989 shares during the last quarter. Verdence Capital Advisors LLC acquired a new position in shares of Vanguard FTSE Developed Markets ETF during the 3rd quarter valued at $252,000. First Personal Financial Services lifted its position in shares of Vanguard FTSE Developed Markets ETF by 3,483.6% during the 3rd quarter. First Personal Financial Services now owns 1,971 shares of the company’s stock valued at $104,000 after acquiring an additional 1,916 shares during the period. Essex Savings Bank lifted its position in shares of Vanguard FTSE Developed Markets ETF by 0.8% during the 3rd quarter. Essex Savings Bank now owns 52,351 shares of the company’s stock valued at $2,765,000 after acquiring an additional 427 shares during the period. Finally, Proficio Capital Partners LLC lifted its position in shares of Vanguard FTSE Developed Markets ETF by 16.7% during the 3rd quarter. Proficio Capital Partners LLC now owns 7,000 shares of the company’s stock valued at $370,000 after acquiring an additional 1,000 shares during the period.

Vanguard FTSE Developed Markets ETF Stock Up 1.1 %

Vanguard FTSE Developed Markets ETF stock opened at $52.58 on Monday. Vanguard FTSE Developed Markets ETF has a 12-month low of $46.79 and a 12-month high of $53.40. The firm’s fifty day moving average is $49.94 and its 200 day moving average is $50.47. The company has a market capitalization of $147.75 billion, a PE 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.