Axos Invest Inc. Invests $27.52 Million in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Axos Invest Inc. bought a new position in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) during the 3rd quarter, Holdings Channel.com reports. The firm bought 521,016 shares of the company’s stock, valued at approximately $27,515,000. Vanguard FTSE Developed Markets ETF makes up about 18.8% of Axos Invest Inc.’s holdings, making the stock its 2nd largest position.

Other institutional investors also recently bought and sold shares of the company. Vanguard Group Inc. raised its stake in Vanguard FTSE Developed Markets ETF by 4.8% during the 1st quarter. Vanguard Group Inc. now owns 17,314,776 shares of the company’s stock valued at $868,682,000 after purchasing an additional 795,987 shares during the last quarter. Edgestream Partners L.P. acquired a new position in shares of Vanguard FTSE Developed Markets ETF during the first quarter valued at about $629,000. Bessemer Group Inc. lifted its stake in shares of Vanguard FTSE Developed Markets ETF by 7.3% in the first quarter. Bessemer Group Inc. now owns 133,642 shares of the company’s stock valued at $6,705,000 after buying an additional 9,062 shares during the period. Capital Group Private Client Services Inc. lifted its stake in shares of Vanguard FTSE Developed Markets ETF by 22.7% in the first quarter. Capital Group Private Client Services Inc. now owns 8,203 shares of the company’s stock valued at $412,000 after buying an additional 1,516 shares during the period. Finally, Linscomb Wealth Inc. grew its position in Vanguard FTSE Developed Markets ETF by 0.4% during the first quarter. Linscomb Wealth Inc. now owns 3,850,126 shares of the company’s stock worth $193,161,000 after buying an additional 14,322 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Trading Down 0.3 %

Shares of VEA stock opened at $49.16 on Thursday. Vanguard FTSE Developed Markets ETF has a 12 month low of $45.37 and a 12 month high of $53.40. The company has a market capitalization of $128.80 billion, a P/E ratio of 13.32 and a beta of 0.88. The stock has a 50 day moving average of $51.17 and a two-hundred day moving average of $50.69.

Vanguard FTSE Developed Markets ETF Company 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.