ABC Arbitrage SA Purchases Shares of 38,984 Vanguard FTSE Developed Markets ETF $VEA

ABC Arbitrage SA purchased a new position in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 38,984 shares of the company’s stock, valued at approximately $2,222,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in VEA. Financial Network Wealth Advisors LLC purchased a new position in Vanguard FTSE Developed Markets ETF during the first quarter worth approximately $26,000. Nemes Rush Group LLC grew its stake in shares of Vanguard FTSE Developed Markets ETF by 236.5% during the 1st quarter. Nemes Rush Group LLC now owns 572 shares of the company’s stock valued at $29,000 after buying an additional 402 shares during the period. IFS Advisors LLC acquired a new stake in shares of Vanguard FTSE Developed Markets ETF during the 2nd quarter worth $35,000. Armstrong Advisory Group Inc. raised its position in shares of Vanguard FTSE Developed Markets ETF by 210.1% in the 2nd quarter. Armstrong Advisory Group Inc. now owns 831 shares of the company’s stock worth $47,000 after buying an additional 563 shares during the period. Finally, Brooklyn Investment Group raised its position in shares of Vanguard FTSE Developed Markets ETF by 185.1% in the 1st quarter. Brooklyn Investment Group now owns 958 shares of the company’s stock worth $49,000 after buying an additional 622 shares during the period.

Vanguard FTSE Developed Markets ETF Price Performance

NYSEARCA VEA opened at $61.73 on Wednesday. Vanguard FTSE Developed Markets ETF has a 1-year low of $45.14 and a 1-year high of $61.82. The firm has a market capitalization of $183.93 billion, a P/E ratio of 16.34 and a beta of 0.87. The business’s 50-day simple moving average is $60.31 and its 200-day simple moving average is $57.78.

Vanguard FTSE Developed Markets ETF Company 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.