Zhang Financial LLC Purchases 101,240 Shares of Vanguard FTSE Developed Markets ETF $VEA

Zhang Financial LLC raised its position in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 28.4% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 457,396 shares of the company’s stock after purchasing an additional 101,240 shares during the quarter. Vanguard FTSE Developed Markets ETF accounts for approximately 1.0% of Zhang Financial LLC’s holdings, making the stock its 27th biggest position. Zhang Financial LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $32,589,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently made changes to their positions in VEA. Bailard Inc. boosted its holdings in shares of Vanguard FTSE Developed Markets ETF by 1.4% in the second quarter. Bailard Inc. now owns 311,806 shares of the company’s stock worth $22,216,000 after buying an additional 4,210 shares during the last quarter. Almanack Investment Partners LLC. purchased a new stake in Vanguard FTSE Developed Markets ETF during the second quarter valued at approximately $2,727,000. Bravias Capital Group LLC increased its holdings in Vanguard FTSE Developed Markets ETF by 10.8% during the second quarter. Bravias Capital Group LLC now owns 6,379 shares of the company’s stock valued at $454,000 after buying an additional 623 shares during the last quarter. Kitching Partners LLC raised its position in Vanguard FTSE Developed Markets ETF by 1.9% in the second quarter. Kitching Partners LLC now owns 201,100 shares of the company’s stock worth $14,328,000 after acquiring an additional 3,774 shares during the period. Finally, Lebenthal Global Advisors LLC bought a new position in Vanguard FTSE Developed Markets ETF in the second quarter worth approximately $210,000.

Vanguard FTSE Developed Markets ETF Stock Performance

Shares of Vanguard FTSE Developed Markets ETF stock opened at $73.69 on Tuesday. The stock has a market cap of $238.75 billion, a P/E ratio of 16.34 and a beta of 0.83. The stock’s fifty day moving average is $71.14 and its 200 day moving average is $69.01. Vanguard FTSE Developed Markets ETF has a one year low of $57.81 and a one year high of $74.04.

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.