JHP Wealth Management LLC Raises Stake in Vanguard FTSE Developed Markets ETF $VEA

JHP Wealth Management LLC raised its stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 6.1% during the 2nd quarter, Holdings Channel reports. The fund owned 130,399 shares of the company’s stock after acquiring an additional 7,442 shares during the period. Vanguard FTSE Developed Markets ETF makes up about 7.6% of JHP Wealth Management LLC’s investment portfolio, making the stock its 4th largest position. JHP Wealth Management LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $9,291,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Insight Wealth Strategies LLC raised its stake in Vanguard FTSE Developed Markets ETF by 2.8% in the 2nd quarter. Insight Wealth Strategies LLC now owns 5,298 shares of the company’s stock worth $373,000 after purchasing an additional 146 shares in the last quarter. JDM Financial Group LLC lifted its position in shares of Vanguard FTSE Developed Markets ETF by 0.3% during the 1st quarter. JDM Financial Group LLC now owns 53,935 shares of the company’s stock worth $3,456,000 after buying an additional 148 shares during the last quarter. Cherry Creek Investment Advisors Inc. boosted its stake in shares of Vanguard FTSE Developed Markets ETF by 1.6% in the 1st quarter. Cherry Creek Investment Advisors Inc. now owns 9,836 shares of the company’s stock valued at $630,000 after purchasing an additional 151 shares in the last quarter. Mascagni Wealth Management Inc. boosted its position in Vanguard FTSE Developed Markets ETF by 2.1% in the fourth quarter. Mascagni Wealth Management Inc. now owns 7,231 shares of the company’s stock valued at $452,000 after buying an additional 152 shares in the last quarter. Finally, Lauterbach Financial Advisors LLC boosted its holdings in shares of Vanguard FTSE Developed Markets ETF by 2.4% during the 2nd quarter. Lauterbach Financial Advisors LLC now owns 6,529 shares of the company’s stock valued at $465,000 after acquiring an additional 152 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Trading Up 0.1%

NYSEARCA:VEA opened at $73.69 on Tuesday. The stock’s 50-day moving average is $71.14 and its 200-day moving average is $69.01. Vanguard FTSE Developed Markets ETF has a 1-year low of $57.81 and a 1-year high of $74.04. The stock has a market cap of $238.75 billion, a P/E ratio of 16.34 and a beta of 0.83.

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.