Ocean Park Asset Management LLC Makes New $3.63 Million Investment in Vanguard FTSE Developed Markets ETF $VEA

Ocean Park Asset Management LLC acquired a new position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) during the 1st quarter, HoldingsChannel.com reports. The fund acquired 56,602 shares of the company’s stock, valued at approximately $3,627,000.

A number of other institutional investors have also recently bought and sold shares of VEA. Buck Wealth Strategies LLC grew its stake in shares of Vanguard FTSE Developed Markets ETF by 16.3% during the 4th quarter. Buck Wealth Strategies LLC now owns 364,560 shares of the company’s stock worth $22,774,000 after acquiring an additional 51,187 shares during the period. Chesley Taft & Associates LLC increased its holdings in Vanguard FTSE Developed Markets ETF by 13.9% in the 4th quarter. Chesley Taft & Associates LLC now owns 331,150 shares of the company’s stock worth $20,687,000 after acquiring an additional 40,482 shares during the last quarter. Green Ridge Wealth Planning LLC bought a new stake in Vanguard FTSE Developed Markets ETF in the 4th quarter valued at about $15,031,000. Root Financial Partners LLC raised its stake in Vanguard FTSE Developed Markets ETF by 27.1% in the 4th quarter. Root Financial Partners LLC now owns 97,303 shares of the company’s stock valued at $6,079,000 after acquiring an additional 20,769 shares during the period. Finally, Eastern Bank raised its stake in Vanguard FTSE Developed Markets ETF by 3.5% in the 4th quarter. Eastern Bank now owns 2,427,295 shares of the company’s stock valued at $151,633,000 after acquiring an additional 81,764 shares during the period.

Vanguard FTSE Developed Markets ETF Price Performance

NYSEARCA VEA opened at $72.31 on Monday. The company has a market cap of $231.92 billion, a PE ratio of 16.34 and a beta of 0.83. Vanguard FTSE Developed Markets ETF has a 52 week low of $54.63 and a 52 week high of $73.23. The firm’s 50-day simple moving average is $70.01 and its two-hundred day simple moving average is $66.81.

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.