Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) Shares Purchased by Exchange Capital Management Inc.

Exchange Capital Management Inc. increased its stake in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 91.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,336 shares of the company’s stock after acquiring an additional 3,980 shares during the quarter. Exchange Capital Management Inc.’s holdings in Vanguard FTSE Developed Markets ETF were worth $399,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of VEA. LPL Financial LLC grew its position in Vanguard FTSE Developed Markets ETF by 4.5% during the 3rd quarter. LPL Financial LLC now owns 22,283,298 shares of the company’s stock worth $1,176,781,000 after purchasing an additional 954,457 shares during the last quarter. Bank of New York Mellon Corp grew its position in Vanguard FTSE Developed Markets ETF by 6.1% during the 4th quarter. Bank of New York Mellon Corp now owns 16,564,449 shares of the company’s stock worth $792,112,000 after purchasing an additional 957,258 shares during the last quarter. Captrust Financial Advisors grew its position in Vanguard FTSE Developed Markets ETF by 7.2% during the 3rd quarter. Captrust Financial Advisors now owns 16,431,983 shares of the company’s stock worth $867,773,000 after purchasing an additional 1,103,351 shares during the last quarter. Cerity Partners LLC grew its position in Vanguard FTSE Developed Markets ETF by 12.4% during the 3rd quarter. Cerity Partners LLC now owns 15,432,650 shares of the company’s stock worth $814,998,000 after purchasing an additional 1,700,587 shares during the last quarter. Finally, Valmark Advisers Inc. grew its position in Vanguard FTSE Developed Markets ETF by 6.0% during the 4th quarter. Valmark Advisers Inc. now owns 11,643,989 shares of the company’s stock worth $556,816,000 after purchasing an additional 659,713 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Stock Performance

Shares of Vanguard FTSE Developed Markets ETF stock opened at $51.56 on Wednesday. Vanguard FTSE Developed Markets ETF has a 1 year low of $46.79 and a 1 year high of $53.40. The company has a market capitalization of $144.88 billion, a P/E ratio of 16.75 and a beta of 0.92. The company’s fifty day moving average is $49.36 and its two-hundred day moving average is $50.40.

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.