Black Diamond Financial LLC Grows Holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Black Diamond Financial LLC raised its position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 9.7% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 161,503 shares of the company’s stock after buying an additional 14,315 shares during the period. Vanguard FTSE Developed Markets ETF comprises 1.2% of Black Diamond Financial LLC’s investment portfolio, making the stock its 25th biggest position. Black Diamond Financial LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $7,723,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Sanctuary Advisors LLC increased its holdings in Vanguard FTSE Developed Markets ETF by 2.6% in the fourth quarter. Sanctuary Advisors LLC now owns 606,210 shares of the company’s stock valued at $30,565,000 after buying an additional 15,300 shares in the last quarter. Advance Capital Management Inc. grew its position in shares of Vanguard FTSE Developed Markets ETF by 14.3% in the fourth quarter. Advance Capital Management Inc. now owns 13,711 shares of the company’s stock valued at $656,000 after purchasing an additional 1,711 shares during the period. Kozak & Associates Inc. grew its position in shares of Vanguard FTSE Developed Markets ETF by 268.0% in the fourth quarter. Kozak & Associates Inc. now owns 563 shares of the company’s stock valued at $27,000 after purchasing an additional 410 shares during the period. First County Bank CT grew its position in shares of Vanguard FTSE Developed Markets ETF by 18.0% in the fourth quarter. First County Bank CT now owns 13,089 shares of the company’s stock valued at $626,000 after purchasing an additional 1,993 shares during the period. Finally, Highview Capital Management LLC DE grew its position in shares of Vanguard FTSE Developed Markets ETF by 3.4% in the fourth quarter. Highview Capital Management LLC DE now owns 190,918 shares of the company’s stock valued at $9,130,000 after purchasing an additional 6,282 shares during the period.

Vanguard FTSE Developed Markets ETF Stock Down 0.7 %

Shares of NYSEARCA VEA opened at $51.24 on Monday. The company’s 50-day simple moving average is $49.29 and its 200-day simple moving average is $50.36. Vanguard FTSE Developed Markets ETF has a 52-week low of $46.79 and a 52-week high of $53.40. The firm has a market cap of $134.25 billion, a price-to-earnings ratio of 13.32 and a beta of 0.88.

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.