Vanguard FTSE Developed Markets ETF $VEA Shares Bought by Absolute Capital Management LLC

Absolute Capital Management LLC boosted its position in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 64.0% in the 4th quarter, HoldingsChannel reports. The fund owned 75,567 shares of the company’s stock after acquiring an additional 29,494 shares during the period. Vanguard FTSE Developed Markets ETF accounts for about 1.7% of Absolute Capital Management LLC’s portfolio, making the stock its 15th biggest holding. Absolute Capital Management LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $4,721,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Buck Wealth Strategies LLC grew its stake in shares of Vanguard FTSE Developed Markets ETF by 16.3% during the 4th quarter. Buck Wealth Strategies LLC now owns 364,560 shares of the company’s stock worth $22,774,000 after purchasing an additional 51,187 shares during the period. Chesley Taft & Associates LLC grew its stake in shares of Vanguard FTSE Developed Markets ETF by 13.9% during the 4th quarter. Chesley Taft & Associates LLC now owns 331,150 shares of the company’s stock worth $20,687,000 after purchasing an additional 40,482 shares during the period. Root Financial Partners LLC grew its stake in shares of Vanguard FTSE Developed Markets ETF by 27.1% during the 4th quarter. Root Financial Partners LLC now owns 97,303 shares of the company’s stock worth $6,079,000 after purchasing an additional 20,769 shares during the period. Eastern Bank grew its stake in shares of Vanguard FTSE Developed Markets ETF by 3.5% during the 4th quarter. Eastern Bank now owns 2,427,295 shares of the company’s stock worth $151,633,000 after purchasing an additional 81,764 shares during the period. Finally, Northeast Investment Management grew its stake in shares of Vanguard FTSE Developed Markets ETF by 10.8% during the 3rd quarter. Northeast Investment Management now owns 419,287 shares of the company’s stock worth $25,124,000 after purchasing an additional 40,747 shares during the period.

Vanguard FTSE Developed Markets ETF Stock Up 3.6%

NYSEARCA:VEA opened at $71.31 on Friday. Vanguard FTSE Developed Markets ETF has a fifty-two week low of $54.63 and a fifty-two week high of $72.32. The stock has a market cap of $228.71 billion, a PE ratio of 16.34 and a beta of 0.83. The firm’s fifty day simple moving average is $69.20 and its 200-day simple moving average is $66.34.

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.