Magnolia Capital Advisors LLC Acquires Shares of 159,971 Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Magnolia Capital Advisors LLC bought a new position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 159,971 shares of the company’s stock, valued at approximately $7,906,000.

Other hedge funds have also recently modified their holdings of the company. Copperwynd Financial LLC purchased a new position in shares of Vanguard FTSE Developed Markets ETF during the 2nd quarter valued at approximately $232,000. Buck Wealth Strategies LLC acquired a new stake in Vanguard FTSE Developed Markets ETF during the second quarter valued at $2,738,000. Creative Planning increased its holdings in Vanguard FTSE Developed Markets ETF by 4.9% in the second quarter. Creative Planning now owns 139,777,262 shares of the company’s stock valued at $6,907,792,000 after buying an additional 6,565,775 shares in the last quarter. Forefront Analytics LLC increased its holdings in Vanguard FTSE Developed Markets ETF by 0.9% in the second quarter. Forefront Analytics LLC now owns 193,194 shares of the company’s stock valued at $9,548,000 after buying an additional 1,778 shares in the last quarter. Finally, Kitching Partners LLC raised its position in shares of Vanguard FTSE Developed Markets ETF by 5.2% in the second quarter. Kitching Partners LLC now owns 214,208 shares of the company’s stock worth $10,586,000 after acquiring an additional 10,510 shares during the period.

Vanguard FTSE Developed Markets ETF Stock Down 0.6 %

NYSEARCA:VEA opened at $52.98 on Friday. Vanguard FTSE Developed Markets ETF has a 52 week low of $41.48 and a 52 week high of $53.40. The stock’s 50-day moving average price is $50.92 and its 200-day moving average price is $50.27. The stock has a market capitalization of $138.81 billion, a PE ratio of 13.32 and a beta of 0.88.

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.