GAMMA Investing LLC Invests $175,000 in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

GAMMA Investing LLC bought a new stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 3,703 shares of the company’s stock, valued at approximately $175,000.

Several other institutional investors have also recently added to or reduced their stakes in VEA. TIAA Trust National Association acquired a new position in shares of Vanguard FTSE Developed Markets ETF in the third quarter valued at approximately $1,032,460,000. Charles Schwab Investment Management Inc. boosted its holdings in Vanguard FTSE Developed Markets ETF by 82.8% in the third quarter. Charles Schwab Investment Management Inc. now owns 37,076,231 shares of the company’s stock valued at $1,620,973,000 after purchasing an additional 16,797,788 shares during the period. Envestnet Portfolio Solutions Inc. purchased a new stake in Vanguard FTSE Developed Markets ETF during the 3rd quarter worth about $569,628,000. Cerity Partners LLC raised its position in Vanguard FTSE Developed Markets ETF by 63.5% in the 4th quarter. Cerity Partners LLC now owns 18,972,495 shares of the company’s stock valued at $908,783,000 after purchasing an additional 7,370,621 shares in the last quarter. Finally, Betterment LLC boosted its stake in shares of Vanguard FTSE Developed Markets ETF by 2.6% in the 3rd quarter. Betterment LLC now owns 108,000,000 shares of the company’s stock valued at $4,735,356,000 after buying an additional 2,711,916 shares during the period.

Vanguard FTSE Developed Markets ETF Stock Up 0.7 %

Shares of Vanguard FTSE Developed Markets ETF stock opened at $48.88 on Friday. Vanguard FTSE Developed Markets ETF has a 52-week low of $41.48 and a 52-week high of $50.36. The company has a 50 day moving average of $49.23 and a 200 day moving average of $47.04. The company has a market capitalization of $128.07 billion, a P/E ratio of 13.31 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.