Lazard Asset Management LLC Increases Holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Lazard Asset Management LLC raised its holdings in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 307.9% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 263,935 shares of the company’s stock after buying an additional 199,227 shares during the quarter. Lazard Asset Management LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $12,625,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Sellwood Investment Partners LLC purchased a new position in Vanguard FTSE Developed Markets ETF during the fourth quarter worth about $26,000. Decker Retirement Planning Inc. bought a new stake in Vanguard FTSE Developed Markets ETF during the fourth quarter worth about $29,000. Chapman Financial Group LLC bought a new stake in Vanguard FTSE Developed Markets ETF during the fourth quarter worth about $29,000. Keystone Financial Group Inc. bought a new stake in Vanguard FTSE Developed Markets ETF during the fourth quarter worth about $32,000. Finally, Headlands Technologies LLC lifted its stake in Vanguard FTSE Developed Markets ETF by 65.2% during the fourth quarter. Headlands Technologies LLC now owns 702 shares of the company’s stock worth $34,000 after purchasing an additional 277 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Stock Up 0.2%

Shares of VEA stock opened at $54.03 on Wednesday. The business has a 50-day moving average price of $51.33 and a two-hundred day moving average price of $50.33. Vanguard FTSE Developed Markets ETF has a 12-month low of $45.14 and a 12-month high of $54.33. The firm has a market cap of $153.99 billion, a P/E ratio of 16.25 and a beta of 0.88.

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.