Vanguard FTSE Developed Markets ETF $VEA Holdings Boosted by Fairman Group LLC

Fairman Group LLC boosted its holdings in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 13.2% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 145,205 shares of the company’s stock after buying an additional 16,988 shares during the quarter. Vanguard FTSE Developed Markets ETF makes up about 8.0% of Fairman Group LLC’s investment portfolio, making the stock its 3rd largest holding. Fairman Group LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $9,305,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in VEA. Financial & Tax Architects LLC bought a new stake in shares of Vanguard FTSE Developed Markets ETF during the 1st quarter valued at $4,339,000. Folger Nolan Fleming Douglas Capital Management Inc. raised its holdings in Vanguard FTSE Developed Markets ETF by 13.6% in the 1st quarter. Folger Nolan Fleming Douglas Capital Management Inc. now owns 26,434 shares of the company’s stock worth $1,694,000 after purchasing an additional 3,171 shares during the period. Midwest Financial Partners Investments Inc. raised its holdings in Vanguard FTSE Developed Markets ETF by 38.4% in the 1st quarter. Midwest Financial Partners Investments Inc. now owns 81,829 shares of the company’s stock worth $5,244,000 after purchasing an additional 22,694 shares during the period. Capital Investment Counsel LLC raised its holdings in Vanguard FTSE Developed Markets ETF by 4.5% in the 1st quarter. Capital Investment Counsel LLC now owns 5,160 shares of the company’s stock worth $331,000 after purchasing an additional 220 shares during the period. Finally, Forum Financial Management LP lifted its position in Vanguard FTSE Developed Markets ETF by 0.8% during the first quarter. Forum Financial Management LP now owns 63,064 shares of the company’s stock valued at $4,041,000 after purchasing an additional 491 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Stock Performance

NYSEARCA:VEA opened at $71.25 on Wednesday. The stock has a 50-day simple moving average of $70.35 and a two-hundred day simple moving average of $67.25. Vanguard FTSE Developed Markets ETF has a 52-week low of $55.68 and a 52-week high of $73.23. The firm has a market capitalization of $228.52 billion, a PE ratio of 16.34 and a beta of 0.83.

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.