Immaculate Wealth Management LLC Makes New Investment in Vanguard FTSE Developed Markets ETF $VEA

Immaculate Wealth Management LLC bought a new stake in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund bought 17,162 shares of the company’s stock, valued at approximately $1,100,000. Vanguard FTSE Developed Markets ETF comprises about 8.7% of Immaculate Wealth Management LLC’s investment portfolio, making the stock its 5th largest holding.

Other institutional investors and hedge funds also recently modified their holdings of the company. Krane Financial Solutions LLC bought a new position in shares of Vanguard FTSE Developed Markets ETF in the 1st quarter worth about $4,417,000. Asset Dedication LLC grew its position in shares of Vanguard FTSE Developed Markets ETF by 14.3% during the 1st quarter. Asset Dedication LLC now owns 47,745 shares of the company’s stock valued at $3,059,000 after buying an additional 5,978 shares during the last quarter. Cozad Asset Management Inc. grew its position in shares of Vanguard FTSE Developed Markets ETF by 77.0% during the 1st quarter. Cozad Asset Management Inc. now owns 14,409 shares of the company’s stock valued at $923,000 after buying an additional 6,269 shares during the last quarter. Lavelle Capital LP bought a new stake in shares of Vanguard FTSE Developed Markets ETF during the 1st quarter valued at about $1,723,000. Finally, Maripau Wealth Management LLC raised its stake in Vanguard FTSE Developed Markets ETF by 5.3% during the first quarter. Maripau Wealth Management LLC now owns 191,494 shares of the company’s stock worth $12,271,000 after acquiring an additional 9,557 shares during the period.

Vanguard FTSE Developed Markets ETF Stock Down 0.7%

Shares of NYSEARCA VEA opened at $70.62 on Friday. The firm’s 50-day moving average price is $70.82 and its two-hundred day moving average price is $68.41. Vanguard FTSE Developed Markets ETF has a 52-week low of $55.68 and a 52-week high of $73.23. The stock has a market capitalization of $228.80 billion, a P/E ratio of 16.34 and a beta of 0.83.

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.