Redwood Investment Management LLC Purchases 14,884 Shares of Vanguard FTSE Developed Markets ETF $VEA

Redwood Investment Management LLC increased its position in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 8.2% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 196,536 shares of the company’s stock after purchasing an additional 14,884 shares during the quarter. Vanguard FTSE Developed Markets ETF makes up approximately 1.6% of Redwood Investment Management LLC’s holdings, making the stock its 12th biggest holding. Redwood Investment Management LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $12,594,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in the company. Strategic Wealth Advisors LLC bought a new stake in Vanguard FTSE Developed Markets ETF during the fourth quarter worth about $35,000. Quaker Wealth Management LLC increased its holdings in shares of Vanguard FTSE Developed Markets ETF by 7,637.5% during the fourth quarter. Quaker Wealth Management LLC now owns 619 shares of the company’s stock worth $39,000 after buying an additional 611 shares in the last quarter. Tidemark LLC raised its stake in shares of Vanguard FTSE Developed Markets ETF by 80.9% in the fourth quarter. Tidemark LLC now owns 624 shares of the company’s stock valued at $39,000 after acquiring an additional 279 shares during the last quarter. Strategic Advocates LLC raised its stake in shares of Vanguard FTSE Developed Markets ETF by 66.1% in the fourth quarter. Strategic Advocates LLC now owns 623 shares of the company’s stock valued at $39,000 after acquiring an additional 248 shares during the last quarter. Finally, Cornerstone Financial Management LLC bought a new position in shares of Vanguard FTSE Developed Markets ETF in the fourth quarter valued at approximately $39,000.

Vanguard FTSE Developed Markets ETF Price Performance

Shares of VEA opened at $70.62 on Monday. The company has a market capitalization of $228.80 billion, a P/E ratio of 16.34 and a beta of 0.83. Vanguard FTSE Developed Markets ETF has a one year low of $55.68 and a one year high of $73.23. The business’s 50 day simple moving average is $70.82 and its 200-day simple moving average is $68.44.

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.