Howard Financial Services LTD. Makes New $1.08 Million Investment in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Howard Financial Services LTD. purchased a new position in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) during the 4th quarter, Holdings Channel.com reports. The fund purchased 22,675 shares of the company’s stock, valued at approximately $1,084,000.

A number of other hedge funds have also recently made changes to their positions in VEA. Silver Lake Advisory LLC purchased a new position in Vanguard FTSE Developed Markets ETF in the 2nd quarter worth approximately $7,496,000. Ironwood Wealth Management LLC. boosted its stake in shares of Vanguard FTSE Developed Markets ETF by 6.4% during the second quarter. Ironwood Wealth Management LLC. now owns 74,598 shares of the company’s stock valued at $3,687,000 after purchasing an additional 4,474 shares during the period. Wealth Alliance grew its holdings in shares of Vanguard FTSE Developed Markets ETF by 3.2% in the second quarter. Wealth Alliance now owns 8,346 shares of the company’s stock worth $412,000 after purchasing an additional 257 shares during the last quarter. Vanguard Personalized Indexing Management LLC increased its stake in shares of Vanguard FTSE Developed Markets ETF by 34.9% in the second quarter. Vanguard Personalized Indexing Management LLC now owns 24,520 shares of the company’s stock worth $1,212,000 after buying an additional 6,340 shares during the period. Finally, Brighton Jones LLC raised its holdings in Vanguard FTSE Developed Markets ETF by 4.8% during the 2nd quarter. Brighton Jones LLC now owns 130,730 shares of the company’s stock valued at $6,461,000 after buying an additional 5,938 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Stock Up 0.5 %

Shares of VEA opened at $48.57 on Friday. The stock has a market capitalization of $127.25 billion, a P/E ratio of 13.32 and a beta of 0.88. Vanguard FTSE Developed Markets ETF has a twelve month low of $46.33 and a twelve month high of $53.40. The firm has a fifty day simple moving average of $49.05 and a two-hundred day simple moving average of $50.31.

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.