Valeo Financial Advisors LLC Buys 7,825 Shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Valeo Financial Advisors LLC lifted its stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 1.5% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 514,477 shares of the company’s stock after purchasing an additional 7,825 shares during the quarter. Vanguard FTSE Developed Markets ETF comprises approximately 0.3% of Valeo Financial Advisors LLC’s holdings, making the stock its 23rd largest position. Valeo Financial Advisors LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $25,811,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in VEA. Wetzel Investment Advisors Inc. purchased a new position in Vanguard FTSE Developed Markets ETF in the 4th quarter worth approximately $26,000. Versant Capital Management Inc purchased a new position in Vanguard FTSE Developed Markets ETF in the 4th quarter worth approximately $29,000. First Command Advisory Services Inc. raised its holdings in Vanguard FTSE Developed Markets ETF by 81.3% in the 4th quarter. First Command Advisory Services Inc. now owns 689 shares of the company’s stock worth $33,000 after acquiring an additional 309 shares during the last quarter. Investment Research & Advisory Group Inc. lifted its holdings in shares of Vanguard FTSE Developed Markets ETF by 273.9% during the 4th quarter. Investment Research & Advisory Group Inc. now owns 703 shares of the company’s stock valued at $34,000 after buying an additional 515 shares during the period. Finally, Orion Capital Management LLC purchased a new position in shares of Vanguard FTSE Developed Markets ETF in the 3rd quarter worth $40,000.

Vanguard FTSE Developed Markets ETF Stock Performance

Shares of VEA stock traded up $0.59 on Wednesday, reaching $50.16. The stock had a trading volume of 7,160,186 shares, compared to its average volume of 10,554,314. The stock has a market cap of $131.42 billion, a P/E ratio of 13.32 and a beta of 0.88. Vanguard FTSE Developed Markets ETF has a 1 year low of $41.48 and a 1 year high of $51.28. The company has a 50 day simple moving average of $50.03 and a 200 day simple moving average of $48.93.

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.