Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) Hits New 12-Month High – What’s Next?

Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)’s share price hit a new 52-week high during mid-day trading on Friday . The company traded as high as $63.20 and last traded at $63.1620, with a volume of 1121287 shares changing hands. The stock had previously closed at $62.47.

Vanguard FTSE Developed Markets ETF Price Performance

The firm’s 50 day simple moving average is $61.55 and its two-hundred day simple moving average is $59.51. The firm has a market capitalization of $188.12 billion, a P/E ratio of 16.34 and a beta of 0.87.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. Triumph Capital Management purchased a new position in shares of Vanguard FTSE Developed Markets ETF in the third quarter valued at about $78,000. Keel Point LLC increased its holdings in Vanguard FTSE Developed Markets ETF by 6.7% during the 3rd quarter. Keel Point LLC now owns 963,241 shares of the company’s stock valued at $57,717,000 after purchasing an additional 60,243 shares during the period. Harbour Investment Management LLC increased its holdings in Vanguard FTSE Developed Markets ETF by 76.9% during the 3rd quarter. Harbour Investment Management LLC now owns 8,544 shares of the company’s stock valued at $512,000 after purchasing an additional 3,715 shares during the period. Painted Porch Advisors LLC raised its position in Vanguard FTSE Developed Markets ETF by 12.8% during the 3rd quarter. Painted Porch Advisors LLC now owns 1,655 shares of the company’s stock valued at $99,000 after purchasing an additional 188 shares during the last quarter. Finally, Severin Investments LLC lifted its holdings in Vanguard FTSE Developed Markets ETF by 0.4% in the 3rd quarter. Severin Investments LLC now owns 76,828 shares of the company’s stock worth $4,604,000 after buying an additional 297 shares during the period.

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.