Permanent Capital Management LP Takes $39.35 Million Position in Vanguard FTSE Developed Markets ETF $VEA

Permanent Capital Management LP acquired a new position in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 656,678 shares of the company’s stock, valued at approximately $39,348,000. Vanguard FTSE Developed Markets ETF makes up 7.4% of Permanent Capital Management LP’s holdings, making the stock its 4th biggest holding.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Princeton Global Asset Management LLC increased its position in Vanguard FTSE Developed Markets ETF by 2.6% during the third quarter. Princeton Global Asset Management LLC now owns 6,718 shares of the company’s stock worth $403,000 after purchasing an additional 168 shares during the last quarter. Alliance Wealth Advisors LLC grew its stake in shares of Vanguard FTSE Developed Markets ETF by 2.2% in the 3rd quarter. Alliance Wealth Advisors LLC now owns 8,172 shares of the company’s stock valued at $490,000 after buying an additional 173 shares during the period. Madrona Financial Services LLC grew its stake in shares of 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 valued at $235,000 after buying an additional 183 shares during the period. Roffman Miller Associates Inc. PA increased its holdings in shares of Vanguard FTSE Developed Markets ETF by 0.9% during the 2nd quarter. Roffman Miller Associates Inc. PA now owns 21,104 shares of the company’s stock worth $1,203,000 after buying an additional 189 shares during the last quarter. Finally, Capital Advisors Ltd. LLC increased its holdings in shares of Vanguard FTSE Developed Markets ETF by 0.9% during the 3rd quarter. Capital Advisors Ltd. LLC now owns 21,750 shares of the company’s stock worth $1,303,000 after buying an additional 192 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Stock Performance

VEA opened at $62.81 on Monday. The stock has a market capitalization of $187.15 billion, a PE ratio of 16.34 and a beta of 0.87. Vanguard FTSE Developed Markets ETF has a one year low of $45.14 and a one year high of $63.08. The business’s 50 day moving average price is $61.42 and its 200 day moving average price is $59.38.

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.