Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) is Fairman Group LLC’s 4th Largest Position

Fairman Group LLC boosted its position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 1.8% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 120,470 shares of the company’s stock after buying an additional 2,125 shares during the quarter. Vanguard FTSE Developed Markets ETF accounts for approximately 4.7% of Fairman Group LLC’s holdings, making the stock its 4th biggest holding. Fairman Group LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $5,761,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of the business. Brown Lisle Cummings Inc. increased its holdings in Vanguard FTSE Developed Markets ETF by 5.5% in the fourth quarter. Brown Lisle Cummings Inc. now owns 3,842 shares of the company’s stock valued at $184,000 after buying an additional 200 shares during the last quarter. Patriot Financial Group Insurance Agency LLC raised its position in shares of Vanguard FTSE Developed Markets ETF by 0.3% during the 3rd quarter. Patriot Financial Group Insurance Agency LLC now owns 65,927 shares of the company’s stock valued at $3,482,000 after acquiring an additional 205 shares in the last quarter. Optimum Investment Advisors lifted its stake in Vanguard FTSE Developed Markets ETF by 1.7% during the third quarter. Optimum Investment Advisors now owns 12,644 shares of the company’s stock worth $668,000 after purchasing an additional 207 shares during the last quarter. MTM Investment Management LLC boosted its holdings in Vanguard FTSE Developed Markets ETF by 1.5% in the third quarter. MTM Investment Management LLC now owns 14,238 shares of the company’s stock worth $743,000 after purchasing an additional 208 shares during the period. Finally, O Connor Financial Group LLC increased its stake in Vanguard FTSE Developed Markets ETF by 3.4% during the fourth quarter. O Connor Financial Group LLC now owns 6,318 shares of the company’s stock valued at $302,000 after purchasing an additional 210 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Stock Performance

Vanguard FTSE Developed Markets ETF stock opened at $50.73 on Wednesday. Vanguard FTSE Developed Markets ETF has a 1 year low of $46.72 and a 1 year high of $53.40. The firm’s 50-day moving average is $49.13 and its 200-day moving average is $50.23. The company has a market cap of $132.91 billion, a P/E ratio of 13.32 and a beta of 0.88.

About Vanguard FTSE Developed Markets ETF

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.