Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) Sets New 12-Month High – Here’s What Happened

Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) reached a new 52-week high on Wednesday . The stock traded as high as $65.19 and last traded at $65.0090, with a volume of 24819236 shares trading hands. The stock had previously closed at $64.27.

Vanguard FTSE Developed Markets ETF Price Performance

The firm has a 50 day moving average of $62.42 and a 200-day moving average of $60.29. The stock has a market capitalization of $201.38 billion, a P/E ratio of 16.34 and a beta of 0.87.

Institutional Investors Weigh In On Vanguard FTSE Developed Markets ETF

A number of institutional investors have recently bought and sold shares of the business. TL Private Wealth increased its stake in Vanguard FTSE Developed Markets ETF by 1.7% in the fourth quarter. TL Private Wealth now owns 9,396 shares of the company’s stock valued at $606,000 after acquiring an additional 155 shares during the period. Spire Wealth Management boosted its holdings in Vanguard FTSE Developed Markets ETF by 0.6% during the fourth quarter. Spire Wealth Management now owns 27,194 shares of the company’s stock valued at $1,699,000 after purchasing an additional 163 shares in the last quarter. Princeton Global Asset Management LLC boosted its holdings in Vanguard FTSE Developed Markets ETF by 2.6% during the third quarter. Princeton Global Asset Management LLC now owns 6,718 shares of the company’s stock valued at $403,000 after purchasing an additional 168 shares in the last quarter. Smith Salley Wealth Management grew its stake in shares of Vanguard FTSE Developed Markets ETF by 0.8% in the 3rd quarter. Smith Salley Wealth Management now owns 20,096 shares of the company’s stock valued at $1,204,000 after purchasing an additional 168 shares during the period. Finally, Armbruster Capital Management Inc. raised its holdings in shares of Vanguard FTSE Developed Markets ETF by 0.3% in the 3rd quarter. Armbruster Capital Management Inc. now owns 62,626 shares of the company’s stock worth $3,753,000 after buying an additional 169 shares in the last quarter.

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.