Ellenbecker Investment Group Buys 83,327 Shares of Vanguard FTSE Developed Markets ETF $VEA

Ellenbecker Investment Group grew its stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 8.1% during the 2nd quarter, HoldingsChannel reports. The firm owned 1,110,314 shares of the company’s stock after acquiring an additional 83,327 shares during the quarter. Vanguard FTSE Developed Markets ETF makes up approximately 9.2% of Ellenbecker Investment Group’s holdings, making the stock its 2nd biggest holding. Ellenbecker Investment Group’s holdings in Vanguard FTSE Developed Markets ETF were worth $79,110,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of VEA. Auto Owners Insurance Co boosted its stake in Vanguard FTSE Developed Markets ETF by 6,941.5% in the 4th quarter. Auto Owners Insurance Co now owns 73,636,513 shares of the company’s stock valued at $4,600,073,000 after buying an additional 72,590,763 shares in the last quarter. Morgan Stanley raised its stake in Vanguard FTSE Developed Markets ETF by 44.0% during the fourth quarter. Morgan Stanley now owns 90,491,038 shares of the company’s stock worth $5,652,975,000 after acquiring an additional 27,650,637 shares in the last quarter. Corient Private Wealth LLC raised its stake in Vanguard FTSE Developed Markets ETF by 122.9% during the second quarter. Corient Private Wealth LLC now owns 41,168,047 shares of the company’s stock worth $2,201,917,000 after acquiring an additional 22,700,179 shares in the last quarter. Jasper Ridge Partners L.P. lifted its holdings in shares of Vanguard FTSE Developed Markets ETF by 35.6% during the third quarter. Jasper Ridge Partners L.P. now owns 20,757,883 shares of the company’s stock valued at $1,243,812,000 after acquiring an additional 5,451,849 shares during the period. Finally, Cambridge Associates LLC MA ADV lifted its holdings in shares of Vanguard FTSE Developed Markets ETF by 152.5% during the third quarter. Cambridge Associates LLC MA ADV now owns 8,489,920 shares of the company’s stock valued at $508,716,000 after acquiring an additional 5,127,412 shares during the period.

Vanguard FTSE Developed Markets ETF Stock Up 0.3%

Shares of VEA stock opened at $73.54 on Friday. Vanguard FTSE Developed Markets ETF has a 12-month low of $57.81 and a 12-month high of $73.66. The company has a market capitalization of $238.26 billion, a P/E ratio of 16.34 and a beta of 0.83. The firm has a 50-day moving average price of $70.98 and a 200 day moving average price of $68.92.

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.