Single Point Partners LLC Acquires New Shares in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Single Point Partners LLC acquired a new stake in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm acquired 87,195 shares of the company’s stock, valued at approximately $4,170,000. Vanguard FTSE Developed Markets ETF makes up 1.0% of Single Point Partners LLC’s portfolio, making the stock its 19th biggest position.

Several other hedge funds also recently modified their holdings of the company. Strategic Financial Concepts LLC lifted its holdings in Vanguard FTSE Developed Markets ETF by 5,780.9% during the 4th quarter. Strategic Financial Concepts LLC now owns 10,808,939 shares of the company’s stock worth $516,883,000 after buying an additional 10,625,142 shares during the period. Creative Planning raised its position in shares of Vanguard FTSE Developed Markets ETF by 3.8% in the 3rd quarter. Creative Planning now owns 145,118,743 shares of the company’s stock worth $7,663,721,000 after acquiring an additional 5,341,481 shares in the last quarter. WealthNavi Inc. increased its position in Vanguard FTSE Developed Markets ETF by 5.6% in the 3rd quarter. WealthNavi Inc. now owns 46,095,601 shares of the company’s stock valued at $2,434,309,000 after buying an additional 2,436,012 shares in the last quarter. International Assets Investment Management LLC increased its position in Vanguard FTSE Developed Markets ETF by 5,209.5% in the 3rd quarter. International Assets Investment Management LLC now owns 1,895,439 shares of the company’s stock valued at $100,098,000 after buying an additional 1,859,740 shares in the last quarter. Finally, Cerity Partners LLC increased its holdings in Vanguard FTSE Developed Markets ETF by 12.4% during the 3rd quarter. Cerity Partners LLC now owns 15,432,650 shares of the company’s stock worth $814,998,000 after purchasing an additional 1,700,587 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Stock Performance

Shares of VEA opened at $50.53 on Tuesday. The stock has a 50 day moving average price of $49.13 and a two-hundred day moving average price of $50.22. The firm has a market capitalization of $132.39 billion, a P/E ratio of 13.32 and a beta of 0.88. Vanguard FTSE Developed Markets ETF has a 52 week low of $46.72 and a 52 week high of $53.40.

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.