Bristlecone Advisors LLC Increases Position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Bristlecone Advisors LLC increased its position in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 0.3% during the fourth quarter, Holdings Channel reports. The fund owned 244,419 shares of the company’s stock after acquiring an additional 694 shares during the quarter. Vanguard FTSE Developed Markets ETF makes up approximately 0.9% of Bristlecone Advisors LLC’s investment portfolio, making the stock its 28th biggest position. Bristlecone Advisors LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $11,688,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of VEA. Kozak & Associates Inc. increased its stake in 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 last quarter. Decker Retirement Planning Inc. acquired a new stake in Vanguard FTSE Developed Markets ETF in the 4th quarter worth about $29,000. Lummis Asset Management LP purchased a new stake in Vanguard FTSE Developed Markets ETF in the 3rd quarter valued at about $34,000. Keystone Financial Group Inc. acquired a new position in shares of Vanguard FTSE Developed Markets ETF during the 4th quarter valued at about $32,000. Finally, Crews Bank & Trust acquired a new position in shares of Vanguard FTSE Developed Markets ETF during the 4th quarter valued at about $37,000.

Vanguard FTSE Developed Markets ETF Stock Performance

VEA opened at $50.21 on Monday. Vanguard FTSE Developed Markets ETF has a 1 year low of $46.72 and a 1 year high of $53.40. The company’s 50 day simple moving average is $49.13 and its 200 day simple moving average is $50.22. The stock has a market capitalization of $131.55 billion, a PE ratio of 13.32 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.