GP Brinson Investments LLC Has $41.46 Million Position in Vanguard FTSE Developed Markets ETF $VEA

GP Brinson Investments LLC raised its stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 0.9% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 727,210 shares of the company’s stock after purchasing an additional 6,537 shares during the quarter. Vanguard FTSE Developed Markets ETF makes up about 17.7% of GP Brinson Investments LLC’s portfolio, making the stock its 2nd biggest holding. GP Brinson Investments LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $41,458,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently bought and sold shares of VEA. Kessler Investment Group LLC bought a new position in Vanguard FTSE Developed Markets ETF in the first quarter valued at approximately $26,000. von Borstel & Associates Inc. bought a new position in Vanguard FTSE Developed Markets ETF in the first quarter valued at approximately $26,000. Financial Network Wealth Advisors LLC bought a new position in Vanguard FTSE Developed Markets ETF in the first quarter valued at approximately $26,000. Financial Gravity Asset Management Inc. bought a new position in shares of Vanguard FTSE Developed Markets ETF during the 1st quarter worth approximately $28,000. Finally, Nemes Rush Group LLC boosted its stake in shares of Vanguard FTSE Developed Markets ETF by 236.5% during the 1st quarter. Nemes Rush Group LLC now owns 572 shares of the company’s stock worth $29,000 after acquiring an additional 402 shares during the period.

Vanguard FTSE Developed Markets ETF Trading Down 0.4%

Shares of NYSEARCA VEA opened at $59.82 on Friday. Vanguard FTSE Developed Markets ETF has a 12 month low of $45.14 and a 12 month high of $60.09. The stock has a 50 day moving average of $57.99 and a 200-day moving average of $54.83. The company has a market capitalization of $171.87 billion, a P/E ratio of 16.34 and a beta of 0.89.

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.