Northeast Investment Management Acquires 41,013 Shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Northeast Investment Management grew its holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 25.4% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 202,480 shares of the company’s stock after acquiring an additional 41,013 shares during the quarter. Northeast Investment Management’s holdings in Vanguard FTSE Developed Markets ETF were worth $10,292,000 at the end of the most recent reporting period.

A number of other hedge funds also recently modified their holdings of VEA. Ironwood Wealth Management LLC. boosted its stake in Vanguard FTSE Developed Markets ETF by 6.3% in the 4th quarter. Ironwood Wealth Management LLC. now owns 85,211 shares of the company’s stock worth $4,075,000 after purchasing an additional 5,072 shares during the period. Brighton Jones LLC raised its stake in shares of Vanguard FTSE Developed Markets ETF by 79.2% in the 4th quarter. Brighton Jones LLC now owns 243,622 shares of the company’s stock valued at $11,650,000 after purchasing an additional 107,649 shares during the period. Revolve Wealth Partners LLC boosted its position in shares of Vanguard FTSE Developed Markets ETF by 47.3% during the fourth quarter. Revolve Wealth Partners LLC now owns 123,485 shares of the company’s stock worth $5,905,000 after buying an additional 39,653 shares during the period. Retirement Systems of Alabama boosted its position in shares of Vanguard FTSE Developed Markets ETF by 10.2% during the fourth quarter. Retirement Systems of Alabama now owns 27,838 shares of the company’s stock worth $1,331,000 after buying an additional 2,573 shares during the period. Finally, Newbridge Financial Services Group Inc. bought a new position in shares of Vanguard FTSE Developed Markets ETF during the fourth quarter worth about $73,000.

Vanguard FTSE Developed Markets ETF Stock Performance

Shares of Vanguard FTSE Developed Markets ETF stock opened at $56.43 on Wednesday. The firm has a market cap of $160.83 billion, a PE ratio of 16.52 and a beta of 0.87. The business’s 50 day simple moving average is $52.78 and its 200 day simple moving average is $51.09. Vanguard FTSE Developed Markets ETF has a 52-week low of $45.14 and a 52-week high of $56.53.

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.