ERn Financial LLC Purchases 38,466 Shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

ERn Financial LLC raised its position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 8.7% in the first quarter, Holdings Channel.com reports. The institutional investor owned 479,690 shares of the company’s stock after purchasing an additional 38,466 shares during the period. Vanguard FTSE Developed Markets ETF comprises approximately 3.9% of ERn Financial LLC’s holdings, making the stock its 6th largest position. ERn Financial LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $24,383,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also modified their holdings of VEA. Sellwood Investment Partners LLC purchased a new stake in shares of Vanguard FTSE Developed Markets ETF in the fourth quarter valued at about $26,000. Chapman Financial Group LLC acquired a new position in Vanguard FTSE Developed Markets ETF in the 4th quarter valued at about $29,000. Headlands Technologies LLC raised its stake in Vanguard FTSE Developed Markets ETF by 65.2% during the 4th quarter. Headlands Technologies LLC now owns 702 shares of the company’s stock valued at $34,000 after acquiring an additional 277 shares during the last quarter. Dunhill Financial LLC lifted its position in Vanguard FTSE Developed Markets ETF by 80.6% during the 4th quarter. Dunhill Financial LLC now owns 715 shares of the company’s stock worth $34,000 after acquiring an additional 319 shares during the period. Finally, Orion Capital Management LLC purchased a new position in shares of Vanguard FTSE Developed Markets ETF in the 4th quarter valued at approximately $44,000.

Vanguard FTSE Developed Markets ETF Trading Up 0.3%

NYSEARCA:VEA opened at $55.89 on Thursday. Vanguard FTSE Developed Markets ETF has a 12-month low of $45.14 and a 12-month high of $56.91. The stock’s 50 day simple moving average is $53.88 and its 200-day simple moving average is $51.35. The firm has a market cap of $159.29 billion, a P/E ratio of 16.52 and a beta of 0.87.

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.