Bayban Makes New $3.05 Million Investment in Vanguard FTSE Developed Markets ETF $VEA

Bayban acquired a new stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 48,821 shares of the company’s stock, valued at approximately $3,050,000. Vanguard FTSE Developed Markets ETF accounts for 2.7% of Bayban’s investment portfolio, making the stock its 7th biggest position.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. SHP Wealth Management acquired a new position in Vanguard FTSE Developed Markets ETF in the 4th quarter valued at $2,674,000. Strategic Advisory Partners LLC acquired a new stake in shares of Vanguard FTSE Developed Markets ETF in the 4th quarter worth $899,000. EJMK Ventures LLC acquired a new stake in shares of Vanguard FTSE Developed Markets ETF in the 4th quarter worth $7,513,000. NWF Advisory Services Inc. boosted its holdings in shares of Vanguard FTSE Developed Markets ETF by 12.9% in the fourth quarter. NWF Advisory Services Inc. now owns 9,751 shares of the company’s stock valued at $609,000 after acquiring an additional 1,117 shares in the last quarter. Finally, Sankala Group LLC purchased a new stake in shares of Vanguard FTSE Developed Markets ETF in the fourth quarter valued at about $777,000.

Vanguard FTSE Developed Markets ETF Price Performance

Shares of Vanguard FTSE Developed Markets ETF stock opened at $72.31 on Friday. The firm has a market cap of $231.92 billion, a price-to-earnings ratio of 16.34 and a beta of 0.83. Vanguard FTSE Developed Markets ETF has a 52-week low of $54.63 and a 52-week high of $73.23. The company’s 50-day simple moving average is $70.01 and its 200-day simple moving average is $66.77.

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.