Okabena Investment Services Inc. Boosts Position in Vanguard FTSE Developed Markets ETF $VEA

Okabena Investment Services Inc. raised its position in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 15.3% in the second quarter, HoldingsChannel reports. The firm owned 634,862 shares of the company’s stock after acquiring an additional 84,149 shares during the period. Vanguard FTSE Developed Markets ETF makes up 8.1% of Okabena Investment Services Inc.’s investment portfolio, making the stock its largest position. Okabena Investment Services Inc.’s holdings in Vanguard FTSE Developed Markets ETF were worth $45,234,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently modified their holdings of the company. First Community Trust NA acquired a new stake in shares of Vanguard FTSE Developed Markets ETF in the 2nd quarter worth approximately $37,000. Strategic Wealth Advisors LLC acquired a new stake in Vanguard FTSE Developed Markets ETF in the 4th quarter valued at about $35,000. Scarborough Advisors LLC bought a new position in shares of Vanguard FTSE Developed Markets ETF during the 1st quarter valued at about $40,000. Strategic Advocates LLC boosted its position in shares of Vanguard FTSE Developed Markets ETF by 66.1% during the 4th quarter. Strategic Advocates LLC now owns 623 shares of the company’s stock valued at $39,000 after purchasing an additional 248 shares in the last quarter. Finally, Tidemark LLC boosted its position in shares of Vanguard FTSE Developed Markets ETF by 80.9% during the 4th quarter. Tidemark LLC now owns 624 shares of the company’s stock valued at $39,000 after purchasing an additional 279 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Price Performance

Shares of VEA opened at $73.06 on Friday. The firm’s 50 day moving average is $71.45 and its 200-day moving average is $69.41. Vanguard FTSE Developed Markets ETF has a 12-month low of $57.81 and a 12-month high of $74.04. The stock has a market capitalization of $236.71 billion, a P/E ratio of 16.34 and a beta of 0.83.

Vanguard FTSE Developed Markets ETF Company Profile

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.