67,778 Shares in Vanguard FTSE Developed Markets ETF $VEA Acquired by Maloon Powers Pitre Higgins & Dennehy LLC

Maloon Powers Pitre Higgins & Dennehy LLC acquired a new position in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 67,778 shares of the company’s stock, valued at approximately $4,829,000. Vanguard FTSE Developed Markets ETF comprises about 1.7% of Maloon Powers Pitre Higgins & Dennehy LLC’s investment portfolio, making the stock its 15th biggest position.

Several other hedge funds and other institutional investors have also recently bought and sold shares of VEA. Bank of America Corp DE raised its stake in shares of Vanguard FTSE Developed Markets ETF by 2.1% during the 4th quarter. Bank of America Corp DE now owns 205,758,023 shares of the company’s stock worth $12,853,704,000 after buying an additional 4,289,361 shares during the last quarter. Betterment LLC grew its stake in Vanguard FTSE Developed Markets ETF by 0.8% in the 4th quarter. Betterment LLC now owns 138,588,366 shares of the company’s stock valued at $8,657,615,000 after acquiring an additional 1,140,627 shares during the last quarter. Morgan Stanley increased its holdings in Vanguard FTSE Developed Markets ETF by 44.0% during the 4th quarter. Morgan Stanley now owns 90,491,038 shares of the company’s stock valued at $5,652,975,000 after acquiring an additional 27,650,637 shares in the last quarter. Auto Owners Insurance Co increased its holdings in Vanguard FTSE Developed Markets ETF by 6,941.5% during the 4th quarter. Auto Owners Insurance Co now owns 73,636,513 shares of the company’s stock valued at $4,600,073,000 after acquiring an additional 72,590,763 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. raised its position in Vanguard FTSE Developed Markets ETF by 4.2% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 66,823,471 shares of the company’s stock worth $4,761,172,000 after acquiring an additional 2,675,380 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Trading Up 0.4%

Shares of VEA opened at $73.76 on Friday. Vanguard FTSE Developed Markets ETF has a 12-month low of $58.79 and a 12-month high of $74.04. The stock has a market cap of $238.98 billion, a P/E ratio of 16.34 and a beta of 0.83. The company has a 50-day moving average of $71.65 and a two-hundred day moving average of $69.56.

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.