Mirae Asset Global Investments Co. Ltd. Makes New $4.12 Million Investment in Vanguard FTSE Developed Markets ETF $VEA

Mirae Asset Global Investments Co. Ltd. acquired a new stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 58,300 shares of the company’s stock, valued at approximately $4,117,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. First Community Trust NA purchased a new position in shares of Vanguard FTSE Developed Markets ETF in the 2nd quarter valued at about $37,000. Scarborough Advisors LLC acquired a new stake in Vanguard FTSE Developed Markets ETF in the first quarter valued at approximately $40,000. Cdkv Holdings LLC raised its holdings in Vanguard FTSE Developed Markets ETF by 147.5% in the first quarter. Cdkv Holdings LLC now owns 646 shares of the company’s stock valued at $41,000 after acquiring an additional 385 shares in the last quarter. CKW Financial Group purchased a new position in Vanguard FTSE Developed Markets ETF in the second quarter worth approximately $52,000. Finally, TOP Private Wealth LLC. purchased a new position in Vanguard FTSE Developed Markets ETF in the second quarter worth approximately $59,000.

Vanguard FTSE Developed Markets ETF Stock Performance

Shares of NYSEARCA:VEA traded down $0.29 during trading hours on Friday, reaching $67.90. The stock had a trading volume of 15,814,119 shares, compared to its average volume of 13,843,374. Vanguard FTSE Developed Markets ETF has a 1 year low of $58.88 and a 1 year high of $74.04. The firm’s 50 day moving average is $70.89 and its 200-day moving average is $69.56. The stock has a market capitalization of $224.17 billion, a price-to-earnings ratio of 16.34 and a beta of 0.85.

Vanguard FTSE Developed Markets ETF 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.