Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) Reaches New 52-Week High – Here’s What Happened

Shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) reached a new 52-week high on Monday . The company traded as high as $72.80 and last traded at $72.52, with a volume of 541371 shares trading hands. The stock had previously closed at $71.55.

Vanguard FTSE Developed Markets ETF Trading Up 1.4%

The stock has a 50 day moving average price of $69.33 and a two-hundred day moving average price of $66.42. The company has a market cap of $232.65 billion, a price-to-earnings ratio of 16.34 and a beta of 0.83.

Institutional Trading of Vanguard FTSE Developed Markets ETF

Several hedge funds have recently added to or reduced their stakes in the business. Brighton Jones LLC grew its holdings 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 acquiring an additional 107,649 shares in the last quarter. Revolve Wealth Partners LLC grew its holdings in shares of Vanguard FTSE Developed Markets ETF by 47.3% in the 4th quarter. Revolve Wealth Partners LLC now owns 123,485 shares of the company’s stock valued at $5,905,000 after acquiring an additional 39,653 shares in the last quarter. Capstone Wealth Management Group LLC bought a new position in shares of Vanguard FTSE Developed Markets ETF in the 1st quarter valued at about $209,000. Squarepoint Ops LLC bought a new position in shares of Vanguard FTSE Developed Markets ETF in the 2nd quarter valued at about $7,001,000. Finally, Glenview Trust co grew its holdings in shares of Vanguard FTSE Developed Markets ETF by 1.8% in the 2nd quarter. Glenview Trust co now owns 16,992 shares of the company’s stock valued at $969,000 after acquiring an additional 297 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.