Bailard Inc. Grows Stake in Vanguard FTSE Developed Markets ETF $VEA

Bailard Inc. increased its holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 5.6% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 291,725 shares of the company’s stock after purchasing an additional 15,351 shares during the period. Bailard Inc.’s holdings in Vanguard FTSE Developed Markets ETF were worth $17,480,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the stock. IFS Advisors LLC bought a new position in shares of Vanguard FTSE Developed Markets ETF during the second quarter worth $35,000. Armstrong Advisory Group Inc. lifted its stake in 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 purchasing an additional 563 shares in the last quarter. Elevation Point Wealth Partners LLC purchased a new stake in Vanguard FTSE Developed Markets ETF in the 2nd quarter worth $48,000. Kilter Group LLC purchased a new position in shares of Vanguard FTSE Developed Markets ETF during the second quarter valued at about $49,000. Finally, Mid American Wealth Advisory Group Inc. bought a new stake in shares of Vanguard FTSE Developed Markets ETF in the second quarter worth about $52,000.

Vanguard FTSE Developed Markets ETF Trading Down 1.3%

NYSEARCA:VEA opened at $64.27 on Wednesday. The business’s 50-day moving average is $62.42 and its 200 day moving average is $60.29. Vanguard FTSE Developed Markets ETF has a 12 month low of $45.14 and a 12 month high of $65.18. The company has a market capitalization of $199.08 billion, a P/E ratio of 16.34 and a beta of 0.87.

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.