Ariel Investments LLC Raises Holdings in Vanguard FTSE Developed Markets ETF $VEA

Ariel Investments LLC grew its holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 84.7% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 245,539 shares of the company’s stock after purchasing an additional 112,626 shares during the period. Ariel Investments LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $13,998,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Madrona Financial Services LLC raised its position in Vanguard FTSE Developed Markets ETF by 4.6% in the 2nd quarter. Madrona Financial Services LLC now owns 4,128 shares of the company’s stock worth $235,000 after buying an additional 183 shares during the last quarter. Roffman Miller Associates Inc. PA grew its stake in shares of Vanguard FTSE Developed Markets ETF by 0.9% in the second quarter. Roffman Miller Associates Inc. PA now owns 21,104 shares of the company’s stock worth $1,203,000 after acquiring an additional 189 shares during the period. Community Bank & Trust Waco Texas grew its stake in shares of Vanguard FTSE Developed Markets ETF by 4.9% in the second quarter. Community Bank & Trust Waco Texas now owns 4,297 shares of the company’s stock worth $245,000 after acquiring an additional 200 shares during the period. Mainsail Asset Management LLC raised its holdings in shares of Vanguard FTSE Developed Markets ETF by 3.8% during the second quarter. Mainsail Asset Management LLC now owns 5,685 shares of the company’s stock valued at $324,000 after purchasing an additional 207 shares during the last quarter. Finally, Barrett & Company Inc. lifted its position in Vanguard FTSE Developed Markets ETF by 0.4% during the second quarter. Barrett & Company Inc. now owns 62,131 shares of the company’s stock valued at $3,542,000 after purchasing an additional 218 shares during the period.

Vanguard FTSE Developed Markets ETF Trading Down 0.1%

Shares of VEA stock opened at $61.84 on Wednesday. Vanguard FTSE Developed Markets ETF has a 12-month low of $45.14 and a 12-month high of $62.31. The stock has a market capitalization of $184.26 billion, a P/E ratio of 16.34 and a beta of 0.87. The firm’s 50 day moving average is $60.88 and its 200 day moving average is $58.78.

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.