DiPaolo Financial Group Inc. Makes New Investment in Vanguard FTSE Developed Markets ETF $VEA

DiPaolo Financial Group Inc. purchased a new stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 279,815 shares of the company’s stock, valued at approximately $17,480,000. Vanguard FTSE Developed Markets ETF makes up approximately 18.6% of DiPaolo Financial Group Inc.’s investment portfolio, making the stock its largest holding.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Buck Wealth Strategies LLC increased its position in Vanguard FTSE Developed Markets ETF by 16.3% during the fourth quarter. Buck Wealth Strategies LLC now owns 364,560 shares of the company’s stock worth $22,774,000 after buying an additional 51,187 shares during the period. Chesley Taft & Associates LLC boosted its holdings in shares of Vanguard FTSE Developed Markets ETF by 13.9% in the fourth quarter. Chesley Taft & Associates LLC now owns 331,150 shares of the company’s stock valued at $20,687,000 after acquiring an additional 40,482 shares during the period. Root Financial Partners LLC boosted its holdings in shares of Vanguard FTSE Developed Markets ETF by 27.1% in the fourth quarter. Root Financial Partners LLC now owns 97,303 shares of the company’s stock valued at $6,079,000 after acquiring an additional 20,769 shares during the period. Eastern Bank grew its position in shares of Vanguard FTSE Developed Markets ETF by 3.5% during the fourth quarter. Eastern Bank now owns 2,427,295 shares of the company’s stock worth $151,633,000 after acquiring an additional 81,764 shares during the last quarter. Finally, Battery Global Advisors LLC grew its position in shares of Vanguard FTSE Developed Markets ETF by 16.0% during the third quarter. Battery Global Advisors LLC now owns 367,254 shares of the company’s stock worth $22,006,000 after acquiring an additional 50,691 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Price Performance

Shares of Vanguard FTSE Developed Markets ETF stock opened at $72.31 on Friday. The firm’s fifty day simple moving average is $69.92 and its 200-day simple moving average is $66.73. Vanguard FTSE Developed Markets ETF has a 12 month low of $54.63 and a 12 month high of $73.23. The stock has a market capitalization of $231.92 billion, a price-to-earnings ratio of 16.34 and a beta of 0.83.

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.