Benchmark Financial LLC Invests $2.50 Million in Vanguard FTSE Developed Markets ETF $VEA

Benchmark Financial LLC purchased a new position in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 40,073 shares of the company’s stock, valued at approximately $2,503,000. Vanguard FTSE Developed Markets ETF comprises about 2.5% of Benchmark Financial LLC’s holdings, making the stock its 12th largest holding.

A number of other hedge funds and other institutional investors have also made changes to their positions in VEA. Corient Private Wealth LLC increased its holdings in shares of Vanguard FTSE Developed Markets ETF by 122.9% during the 2nd quarter. Corient Private Wealth LLC now owns 41,168,047 shares of the company’s stock worth $2,201,917,000 after buying an additional 22,700,179 shares during the last quarter. Moneta Group Investment Advisors LLC increased its holdings in shares of Vanguard FTSE Developed Markets ETF by 904.9% during the 3rd quarter. Moneta Group Investment Advisors LLC now owns 10,887,168 shares of the company’s stock worth $652,359,000 after buying an additional 9,803,737 shares during the last quarter. Jasper Ridge Partners L.P. increased its holdings in shares of Vanguard FTSE Developed Markets ETF by 35.6% during the 3rd quarter. Jasper Ridge Partners L.P. now owns 20,757,883 shares of the company’s stock worth $1,243,812,000 after buying an additional 5,451,849 shares during the last quarter. Cambridge Associates LLC MA ADV increased its holdings in shares of Vanguard FTSE Developed Markets ETF by 152.5% during the 3rd quarter. Cambridge Associates LLC MA ADV now owns 8,489,920 shares of the company’s stock worth $508,716,000 after buying an additional 5,127,412 shares during the last quarter. Finally, Mercer Global Advisors Inc. ADV increased its holdings in shares of Vanguard FTSE Developed Markets ETF by 16.8% during the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 33,413,896 shares of the company’s stock worth $2,002,157,000 after buying an additional 4,798,488 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Price Performance

Shares of NYSEARCA VEA opened at $69.63 on Monday. The company has a 50 day simple moving average of $66.63 and a 200-day simple moving average of $63.93. The company has a market capitalization of $223.32 billion, a P/E ratio of 16.34 and a beta of 0.83. Vanguard FTSE Developed Markets ETF has a 1 year low of $50.17 and a 1 year high of $70.55.

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.