Larch Capital Partners LLC Buys New Stake in Vanguard FTSE Developed Markets ETF $VEA

Larch Capital Partners LLC purchased a new position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 41,141 shares of the company’s stock, valued at approximately $2,570,000. Vanguard FTSE Developed Markets ETF makes up 0.4% of Larch Capital Partners LLC’s investment portfolio, making the stock its 19th largest holding.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in VEA. Buck Wealth Strategies LLC raised its position in Vanguard FTSE Developed Markets ETF by 16.3% in the 4th quarter. Buck Wealth Strategies LLC now owns 364,560 shares of the company’s stock valued at $22,774,000 after purchasing an additional 51,187 shares during the last quarter. Chesley Taft & Associates LLC grew its holdings in shares of Vanguard FTSE Developed Markets ETF by 13.9% during the fourth quarter. Chesley Taft & Associates LLC now owns 331,150 shares of the company’s stock worth $20,687,000 after purchasing an additional 40,482 shares during the last quarter. Root Financial Partners LLC increased its stake in shares of Vanguard FTSE Developed Markets ETF by 27.1% in the fourth quarter. Root Financial Partners LLC now owns 97,303 shares of the company’s stock valued at $6,079,000 after buying an additional 20,769 shares in the last quarter. Eastern Bank increased its stake in shares of Vanguard FTSE Developed Markets ETF by 3.5% in the fourth quarter. Eastern Bank now owns 2,427,295 shares of the company’s stock valued at $151,633,000 after buying an additional 81,764 shares in the last quarter. Finally, Battery Global Advisors LLC raised its holdings in shares of Vanguard FTSE Developed Markets ETF by 16.0% in the third quarter. Battery Global Advisors LLC now owns 367,254 shares of the company’s stock valued at $22,006,000 after buying an additional 50,691 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Stock Up 0.4%

Shares of NYSEARCA VEA opened at $72.31 on Friday. The firm’s 50-day simple moving average is $69.92 and its 200 day simple moving average is $66.73. The company has a market cap of $231.92 billion, a price-to-earnings ratio of 16.34 and a beta of 0.83. Vanguard FTSE Developed Markets ETF has a 12-month low of $54.63 and a 12-month high of $73.23.

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.