Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) Sets New 12-Month High – Here’s Why

Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)’s stock price hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $71.86 and last traded at $71.86, with a volume of 785140 shares traded. The stock had previously closed at $70.46.

Vanguard FTSE Developed Markets ETF Price Performance

The company has a market capitalization of $229.42 billion, a PE ratio of 16.34 and a beta of 0.83. The stock’s 50 day simple moving average is $67.26 and its 200-day simple moving average is $65.39.

Institutional Trading of Vanguard FTSE Developed Markets ETF

A number of institutional investors and hedge funds have recently bought and sold shares of VEA. WNY Asset Management LLC acquired a new position in shares of Vanguard FTSE Developed Markets ETF during the first quarter worth about $693,000. Segall Bryant & Hamill LLC grew its position in shares of Vanguard FTSE Developed Markets ETF by 18.0% during the first quarter. Segall Bryant & Hamill LLC now owns 532,920 shares of the company’s stock worth $34,150,000 after buying an additional 81,174 shares in the last quarter. Wellington Grp LLC grew its position in shares of Vanguard FTSE Developed Markets ETF by 1,039.1% during the first quarter. Wellington Grp LLC now owns 3,907 shares of the company’s stock worth $250,000 after buying an additional 3,564 shares in the last quarter. Raab & Moskowitz Asset Management LLC grew its position in shares of Vanguard FTSE Developed Markets ETF by 12.4% during the first quarter. Raab & Moskowitz Asset Management LLC now owns 4,675 shares of the company’s stock worth $300,000 after buying an additional 517 shares in the last quarter. Finally, Essential Partners LLC grew its position in shares of Vanguard FTSE Developed Markets ETF by 96.7% during the first quarter. Essential Partners LLC now owns 2,591 shares of the company’s stock worth $166,000 after buying an additional 1,274 shares in the last quarter.

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.