Piedmont Capital Management LLC NC Invests $9.66 Million in Vanguard FTSE Developed Markets ETF $VEA

Piedmont Capital Management LLC NC acquired a new position in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) in the fourth quarter, Holdings Channel.com reports. The fund acquired 154,639 shares of the company’s stock, valued at approximately $9,660,000. Vanguard FTSE Developed Markets ETF comprises about 6.4% of Piedmont Capital Management LLC NC’s portfolio, making the stock its 4th biggest holding.

A number of other hedge funds also recently made changes to their positions in the stock. Portfolio Resources Advisor Group Inc. bought a new stake in shares of Vanguard FTSE Developed Markets ETF during the 4th quarter worth $1,010,000. Resources Management Corp CT ADV lifted its holdings in shares of Vanguard FTSE Developed Markets ETF by 15,640.0% during the 4th quarter. Resources Management Corp CT ADV now owns 18,101 shares of the company’s stock worth $1,131,000 after acquiring an additional 17,986 shares during the last quarter. Seven Mile Advisory lifted its holdings in shares of Vanguard FTSE Developed Markets ETF by 2.8% during the 4th quarter. Seven Mile Advisory now owns 547,293 shares of the company’s stock worth $34,189,000 after acquiring an additional 14,735 shares during the last quarter. Sargent Investment Group LLC bought a new stake in shares of Vanguard FTSE Developed Markets ETF during the 4th quarter worth $1,273,000. Finally, STAR Financial Bank lifted its stake in Vanguard FTSE Developed Markets ETF by 919.6% in the fourth quarter. STAR Financial Bank now owns 62,876 shares of the company’s stock worth $3,928,000 after purchasing an additional 56,709 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Price Performance

Vanguard FTSE Developed Markets ETF stock opened at $71.55 on Monday. The company has a market capitalization of $229.48 billion, a PE ratio of 16.34 and a beta of 0.83. The firm has a fifty day simple moving average of $69.33 and a two-hundred day simple moving average of $66.42. Vanguard FTSE Developed Markets ETF has a twelve month low of $54.63 and a twelve month high of $72.32.

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.