61,349 Shares in Vanguard FTSE Developed Markets ETF $VEA Acquired by Palatine Hill Wealth Management LLC

Palatine Hill Wealth Management LLC acquired a new position in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 61,349 shares of the company’s stock, valued at approximately $3,832,000. Vanguard FTSE Developed Markets ETF makes up approximately 3.1% of Palatine Hill Wealth Management LLC’s investment portfolio, making the stock its 8th biggest holding.

A number of other institutional investors have also added to or reduced their stakes in VEA. Corient Private Wealth LLC increased its position in Vanguard FTSE Developed Markets ETF by 122.9% during the 2nd quarter. Corient Private Wealth LLC now owns 41,168,047 shares of the company’s stock worth $2,201,917,000 after purchasing an additional 22,700,179 shares in the last quarter. Moneta Group Investment Advisors LLC increased its position in Vanguard FTSE Developed Markets ETF by 904.9% during the 3rd quarter. Moneta Group Investment Advisors LLC now owns 10,887,168 shares of the company’s stock worth $652,359,000 after purchasing an additional 9,803,737 shares in the last quarter. Jasper Ridge Partners L.P. increased its position in Vanguard FTSE Developed Markets ETF by 35.6% during the 3rd quarter. Jasper Ridge Partners L.P. now owns 20,757,883 shares of the company’s stock worth $1,243,812,000 after purchasing an additional 5,451,849 shares in the last quarter. Cambridge Associates LLC MA ADV increased its position in Vanguard FTSE Developed Markets ETF by 152.5% during the 3rd quarter. Cambridge Associates LLC MA ADV now owns 8,489,920 shares of the company’s stock worth $508,716,000 after purchasing an additional 5,127,412 shares in the last quarter. Finally, Mercer Global Advisors Inc. ADV increased its position in Vanguard FTSE Developed Markets ETF by 16.8% during the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 33,413,896 shares of the company’s stock worth $2,002,157,000 after purchasing an additional 4,798,488 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Price Performance

VEA stock opened at $72.32 on Wednesday. The company has a 50 day simple moving average of $67.97 and a 200 day simple moving average of $65.76. The stock has a market cap of $231.95 billion, a price-to-earnings ratio of 16.34 and a beta of 0.83. Vanguard FTSE Developed Markets ETF has a 1 year low of $54.63 and a 1 year high of $72.32.

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.