Strategic Investment Management LLC Buys Shares of 3,890 Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Strategic Investment Management LLC purchased a new stake in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 3,890 shares of the company’s stock, valued at approximately $186,000. Vanguard FTSE Developed Markets ETF accounts for approximately 0.1% of Strategic Investment Management LLC’s investment portfolio, making the stock its 20th biggest holding.

Several other hedge funds and other institutional investors have also recently made changes to their positions in VEA. CFS Investment Advisory Services LLC raised its position in Vanguard FTSE Developed Markets ETF by 12.4% in the fourth quarter. CFS Investment Advisory Services LLC now owns 257,279 shares of the company’s stock worth $12,303,000 after acquiring an additional 28,323 shares during the period. Geneos Wealth Management Inc. increased its stake in shares of Vanguard FTSE Developed Markets ETF by 2.4% in the 4th quarter. Geneos Wealth Management Inc. now owns 303,404 shares of the company’s stock worth $14,509,000 after purchasing an additional 7,048 shares in the last quarter. Aspiring Ventures LLC bought a new position in Vanguard FTSE Developed Markets ETF in the 4th quarter worth $316,000. DGS Capital Management LLC lifted its position in Vanguard FTSE Developed Markets ETF by 24.7% during the fourth quarter. DGS Capital Management LLC now owns 36,337 shares of the company’s stock valued at $1,738,000 after purchasing an additional 7,198 shares in the last quarter. Finally, Cornerstone Wealth Advisors Inc. grew its holdings in Vanguard FTSE Developed Markets ETF by 7.2% during the fourth quarter. Cornerstone Wealth Advisors Inc. now owns 327,032 shares of the company’s stock valued at $15,639,000 after purchasing an additional 21,848 shares during the period.

Vanguard FTSE Developed Markets ETF Stock Up 0.6 %

NYSEARCA VEA opened at $50.02 on Friday. Vanguard FTSE Developed Markets ETF has a 52 week low of $46.72 and a 52 week high of $53.40. The company has a market capitalization of $131.05 billion, a P/E ratio of 13.32 and a beta of 0.88. The stock’s 50-day moving average price is $49.03 and its 200-day moving average price is $50.28.

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.