Auto Owners Insurance Co Buys 844,050 Shares of Vanguard FTSE Developed Markets ETF $VEA

Auto Owners Insurance Co lifted its stake in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 418.5% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,045,750 shares of the company’s stock after purchasing an additional 844,050 shares during the period. Vanguard FTSE Developed Markets ETF accounts for 1.3% of Auto Owners Insurance Co’s holdings, making the stock its 17th biggest position. Auto Owners Insurance Co’s holdings in Vanguard FTSE Developed Markets ETF were worth $59,618,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently made changes to their positions in VEA. Brighton Jones LLC raised its stake in shares of Vanguard FTSE Developed Markets ETF by 79.2% during the 4th quarter. Brighton Jones LLC now owns 243,622 shares of the company’s stock worth $11,650,000 after purchasing an additional 107,649 shares in the last quarter. Revolve Wealth Partners LLC increased its holdings in shares of Vanguard FTSE Developed Markets ETF by 47.3% during the 4th quarter. Revolve Wealth Partners LLC now owns 123,485 shares of the company’s stock worth $5,905,000 after acquiring an additional 39,653 shares during the last quarter. Silver Oak Securities Incorporated increased its holdings in shares of Vanguard FTSE Developed Markets ETF by 17.4% during the 1st quarter. Silver Oak Securities Incorporated now owns 127,651 shares of the company’s stock worth $6,541,000 after acquiring an additional 18,875 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. acquired a new position in shares of Vanguard FTSE Developed Markets ETF during the 1st quarter worth approximately $1,750,000. Finally, Valley National Advisers Inc. increased its holdings in shares of Vanguard FTSE Developed Markets ETF by 8,188.9% during the 1st quarter. Valley National Advisers Inc. now owns 2,238 shares of the company’s stock worth $113,000 after acquiring an additional 2,211 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Trading Down 0.0%

VEA stock opened at $61.66 on Wednesday. The firm has a market capitalization of $183.72 billion, a PE ratio of 16.34 and a beta of 0.87. Vanguard FTSE Developed Markets ETF has a 1-year low of $45.14 and a 1-year high of $61.80. The business’s 50 day simple moving average is $59.88 and its 200 day simple moving average is $57.02.

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.