Fairlight Advisors Invests $14.81 Million in Vanguard FTSE Developed Markets ETF $VEA

Fairlight Advisors acquired a new position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) during the 2nd quarter, HoldingsChannel reports. The fund acquired 207,889 shares of the company’s stock, valued at approximately $14,812,000. Vanguard FTSE Developed Markets ETF accounts for about 12.1% of Fairlight Advisors’ investment portfolio, making the stock its 3rd largest holding.

A number of other institutional investors and hedge funds have also bought and sold shares of VEA. Brighton Jones LLC lifted its holdings in Vanguard FTSE Developed Markets ETF by 79.2% during the 4th quarter. Brighton Jones LLC now owns 243,622 shares of the company’s stock worth $11,650,000 after buying an additional 107,649 shares during the period. Revolve Wealth Partners LLC increased its stake in shares of Vanguard FTSE Developed Markets ETF by 47.3% in the fourth quarter. Revolve Wealth Partners LLC now owns 123,485 shares of the company’s stock valued at $5,905,000 after buying an additional 39,653 shares during the period. Capstone Wealth Management Group LLC bought a new position in shares of Vanguard FTSE Developed Markets ETF during the first quarter worth about $209,000. Squarepoint Ops LLC bought a new position in shares of Vanguard FTSE Developed Markets ETF during the second quarter worth about $7,001,000. Finally, Glenview Trust co raised its position in shares of Vanguard FTSE Developed Markets ETF by 1.8% during the second quarter. Glenview Trust co now owns 16,992 shares of the company’s stock worth $969,000 after acquiring an additional 297 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Price Performance

Vanguard FTSE Developed Markets ETF stock opened at $73.54 on Friday. The stock’s 50 day moving average is $70.98 and its 200 day moving average is $68.92. Vanguard FTSE Developed Markets ETF has a one year low of $57.81 and a one year high of $73.66. The firm has a market cap of $238.26 billion, a P/E ratio of 16.34 and a beta of 0.83.

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.