Kanawha Capital Management LLC Boosts Stake in Vanguard FTSE Developed Markets ETF $VEA

Kanawha Capital Management LLC grew its stake in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 7.0% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 367,943 shares of the company’s stock after buying an additional 24,127 shares during the quarter. Vanguard FTSE Developed Markets ETF accounts for 1.6% of Kanawha Capital Management LLC’s investment portfolio, making the stock its 19th biggest position. Kanawha Capital Management LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $20,976,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently made changes to their positions in the stock. Madrona Financial Services LLC raised its position in shares of Vanguard FTSE Developed Markets ETF by 4.6% during the 2nd quarter. Madrona Financial Services LLC now owns 4,128 shares of the company’s stock valued at $235,000 after buying an additional 183 shares in the last quarter. Community Bank & Trust Waco Texas raised its position in Vanguard FTSE Developed Markets ETF by 4.9% in the 2nd quarter. Community Bank & Trust Waco Texas now owns 4,297 shares of the company’s stock worth $245,000 after purchasing an additional 200 shares during the period. Nova R Wealth Inc. raised its position in Vanguard FTSE Developed Markets ETF by 0.4% in the 1st quarter. Nova R Wealth Inc. now owns 48,596 shares of the company’s stock worth $2,470,000 after purchasing an additional 201 shares during the period. Mainsail Asset Management LLC raised its position in Vanguard FTSE Developed Markets ETF by 3.8% in the 2nd quarter. Mainsail Asset Management LLC now owns 5,685 shares of the company’s stock worth $324,000 after purchasing an additional 207 shares during the period. Finally, Beckerman Institutional LLC raised its position in Vanguard FTSE Developed Markets ETF by 1.4% in the 1st quarter. Beckerman Institutional LLC now owns 15,702 shares of the company’s stock worth $798,000 after purchasing an additional 214 shares during the period.

Vanguard FTSE Developed Markets ETF Stock Up 0.1%

Shares of NYSEARCA:VEA opened at $60.71 on Friday. The stock has a market cap of $180.89 billion, a PE ratio of 16.34 and a beta of 0.89. The company’s fifty day moving average is $59.51 and its 200 day moving average is $56.26. Vanguard FTSE Developed Markets ETF has a 52 week low of $45.14 and a 52 week high of $61.32.

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.