4,511 Shares in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) Acquired by Cornerstone Advisors Asset Management LLC

Cornerstone Advisors Asset Management LLC bought a new stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEAFree Report) in the fourth quarter, Holdings Channel.com reports. The institutional investor bought 4,511 shares of the company’s stock, valued at approximately $216,000.

A number of other institutional investors have also recently added to or reduced their stakes in VEA. Kozak & Associates Inc. raised its position in shares of Vanguard FTSE Developed Markets ETF by 268.0% in the fourth quarter. Kozak & Associates Inc. now owns 563 shares of the company’s stock valued at $27,000 after purchasing an additional 410 shares during the period. Decker Retirement Planning Inc. bought a new stake in shares of Vanguard FTSE Developed Markets ETF in the fourth quarter valued at about $29,000. Lummis Asset Management LP acquired a new stake in Vanguard FTSE Developed Markets ETF during the third quarter worth about $34,000. Keystone Financial Group Inc. bought a new stake in shares of Vanguard FTSE Developed Markets ETF during the fourth quarter valued at approximately $32,000. Finally, Roxbury Financial LLC acquired a new position in shares of Vanguard FTSE Developed Markets ETF in the 4th quarter valued at $37,000.

Vanguard FTSE Developed Markets ETF Trading Up 0.7 %

NYSEARCA VEA opened at $51.86 on Wednesday. Vanguard FTSE Developed Markets ETF has a 1-year low of $46.79 and a 1-year high of $53.40. The stock’s 50 day moving average is $49.22 and its two-hundred day moving average is $50.29. The company has a market capitalization of $135.87 billion, a price-to-earnings ratio of 13.32 and a beta of 0.88.

Vanguard FTSE Developed Markets ETF Profile

(Free Report)

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.

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Want to see what other hedge funds are holding VEA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Vanguard FTSE Developed Markets ETF (NYSEARCA:VEAFree Report).

Institutional Ownership by Quarter for Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

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