Squarepoint Ops LLC Invests $7 Million in Vanguard FTSE Developed Markets ETF $VEA

Squarepoint Ops LLC acquired a new stake in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) during the second quarter, HoldingsChannel.com reports. The fund acquired 122,795 shares of the company’s stock, valued at approximately $7,001,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Fiduciary Alliance LLC increased its holdings in Vanguard FTSE Developed Markets ETF by 3.5% during the 2nd quarter. Fiduciary Alliance LLC now owns 8,732 shares of the company’s stock valued at $498,000 after purchasing an additional 292 shares in the last quarter. Twelve Points Wealth Management LLC grew its holdings in Vanguard FTSE Developed Markets ETF by 2.7% during the 2nd quarter. Twelve Points Wealth Management LLC now owns 19,660 shares of the company’s stock worth $1,121,000 after acquiring an additional 508 shares during the last quarter. Wiser Wealth Management Inc increased its position in Vanguard FTSE Developed Markets ETF by 4.6% in the 2nd quarter. Wiser Wealth Management Inc now owns 585,007 shares of the company’s stock valued at $33,351,000 after acquiring an additional 25,814 shares in the last quarter. Sageworth Trust Co raised its stake in shares of Vanguard FTSE Developed Markets ETF by 20.0% in the second quarter. Sageworth Trust Co now owns 780,373 shares of the company’s stock worth $44,489,000 after acquiring an additional 129,922 shares during the last quarter. Finally, Naples Global Advisors LLC grew its stake in shares of Vanguard FTSE Developed Markets ETF by 8.4% during the second quarter. Naples Global Advisors LLC now owns 113,263 shares of the company’s stock valued at $6,457,000 after purchasing an additional 8,771 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Price Performance

VEA stock opened at $62.48 on Monday. The company has a 50 day moving average price of $61.00 and a 200 day moving average price of $58.93. Vanguard FTSE Developed Markets ETF has a fifty-two week low of $45.14 and a fifty-two week high of $62.92. The stock has a market capitalization of $186.16 billion, a PE ratio of 16.34 and a beta of 0.87.

Vanguard FTSE Developed Markets ETF Company 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.