Klingman & Associates LLC Boosts Stake in Vanguard FTSE Developed Markets ETF $VEA

Klingman & Associates LLC raised its holdings in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 4.4% during the second quarter, Holdings Channel.com reports. The fund owned 1,005,173 shares of the company’s stock after buying an additional 42,116 shares during the period. Vanguard FTSE Developed Markets ETF accounts for approximately 3.2% of Klingman & Associates LLC’s portfolio, making the stock its 9th largest position. Klingman & Associates LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $57,305,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also bought and sold shares of the company. Kessler Investment Group LLC bought a new stake in Vanguard FTSE Developed Markets ETF during the first quarter valued at about $26,000. von Borstel & Associates Inc. bought a new stake in shares of Vanguard FTSE Developed Markets ETF in the first quarter worth about $26,000. Financial Network Wealth Advisors LLC bought a new stake in shares of Vanguard FTSE Developed Markets ETF in the first quarter worth about $26,000. Financial Gravity Asset Management Inc. bought a new stake in shares of Vanguard FTSE Developed Markets ETF in the first quarter worth about $28,000. Finally, Nemes Rush Group LLC increased its holdings in shares of Vanguard FTSE Developed Markets ETF by 236.5% in the first quarter. Nemes Rush Group LLC now owns 572 shares of the company’s stock worth $29,000 after purchasing an additional 402 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Trading Up 0.9%

Shares of VEA stock opened at $61.24 on Tuesday. Vanguard FTSE Developed Markets ETF has a 12-month low of $45.14 and a 12-month high of $61.32. The stock’s 50-day moving average price is $59.58 and its 200-day moving average price is $56.44. The stock has a market capitalization of $182.47 billion, a price-to-earnings ratio of 16.34 and a beta of 0.89.

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.