Wallace Advisory Group LLC Makes New Investment in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Wallace Advisory Group LLC purchased a new stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 4,374 shares of the company’s stock, valued at approximately $210,000.

Other hedge funds have also recently added to or reduced their stakes in the company. Murphy Middleton Hinkle & Parker Inc. raised its stake in shares of Vanguard FTSE Developed Markets ETF by 0.9% in the 1st quarter. Murphy Middleton Hinkle & Parker Inc. now owns 25,833 shares of the company’s stock valued at $1,296,000 after acquiring an additional 220 shares in the last quarter. Wolff Wiese Magana LLC boosted its holdings in shares of Vanguard FTSE Developed Markets ETF by 27.6% during the 4th quarter. Wolff Wiese Magana LLC now owns 1,046 shares of the company’s stock worth $50,000 after buying an additional 226 shares during the period. GW&K Investment Management LLC boosted its holdings in shares of Vanguard FTSE Developed Markets ETF by 9.8% during the 4th quarter. GW&K Investment Management LLC now owns 2,534 shares of the company’s stock worth $121,000 after buying an additional 226 shares during the period. Red Tortoise LLC grew its stake in Vanguard FTSE Developed Markets ETF by 0.7% in the 4th quarter. Red Tortoise LLC now owns 36,081 shares of the company’s stock valued at $1,728,000 after buying an additional 235 shares during the last quarter. Finally, Emerald Advisors LLC raised its holdings in Vanguard FTSE Developed Markets ETF by 3.6% in the 4th quarter. Emerald Advisors LLC now owns 6,896 shares of the company’s stock worth $330,000 after acquiring an additional 237 shares during the period.

Vanguard FTSE Developed Markets ETF Price Performance

VEA stock opened at $49.60 on Wednesday. The company has a 50-day moving average of $49.90 and a two-hundred day moving average of $48.84. The stock has a market capitalization of $129.95 billion, a price-to-earnings ratio of 13.32 and a beta of 0.88. Vanguard FTSE Developed Markets ETF has a 52-week low of $41.48 and a 52-week high of $51.28.

Vanguard FTSE Developed Markets ETF Profile

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.