Ares Financial Consulting LLC Acquires Shares of 8,539 Vanguard FTSE Developed Markets ETF $VEA

Ares Financial Consulting LLC purchased a new stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 8,539 shares of the company’s stock, valued at approximately $533,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Brighton Jones LLC increased its holdings in Vanguard FTSE Developed Markets ETF by 79.2% in the fourth quarter. Brighton Jones LLC now owns 243,622 shares of the company’s stock valued at $11,650,000 after purchasing an additional 107,649 shares during the last quarter. Revolve Wealth Partners LLC raised its position in shares of Vanguard FTSE Developed Markets ETF by 47.3% in the 4th quarter. Revolve Wealth Partners LLC now owns 123,485 shares of the company’s stock valued at $5,905,000 after acquiring an additional 39,653 shares during the period. Capstone Wealth Management Group LLC acquired a new position in Vanguard FTSE Developed Markets ETF during the first quarter valued at approximately $209,000. Squarepoint Ops LLC acquired a new position in Vanguard FTSE Developed Markets ETF during the second quarter valued at approximately $7,001,000. Finally, Glenview Trust co increased its stake in Vanguard FTSE Developed Markets ETF by 1.8% in the second quarter. Glenview Trust co now owns 16,992 shares of the company’s stock valued at $969,000 after purchasing an additional 297 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Stock Performance

VEA opened at $68.07 on Tuesday. The firm’s fifty day moving average is $66.58 and its two-hundred day moving average is $64.25. The firm has a market cap of $218.32 billion, a PE ratio of 16.34 and a beta of 0.83. Vanguard FTSE Developed Markets ETF has a twelve month low of $52.29 and a twelve month 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.