LRI Investments LLC Makes New $40,000 Investment in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

LRI Investments LLC bought a new position in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 787 shares of the company’s stock, valued at approximately $40,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. 1832 Asset Management L.P. lifted its holdings in shares of Vanguard FTSE Developed Markets ETF by 29.5% during the 1st quarter. 1832 Asset Management L.P. now owns 8,778 shares of the company’s stock valued at $440,000 after purchasing an additional 2,000 shares in the last quarter. Linscomb Wealth Inc. lifted its holdings in shares of Vanguard FTSE Developed Markets ETF by 0.4% during the 1st quarter. Linscomb Wealth Inc. now owns 3,850,126 shares of the company’s stock valued at $193,161,000 after purchasing an additional 14,322 shares in the last quarter. Westwood Holdings Group Inc. lifted its holdings in shares of Vanguard FTSE Developed Markets ETF by 0.5% during the 1st quarter. Westwood Holdings Group Inc. now owns 1,948,684 shares of the company’s stock valued at $97,765,000 after purchasing an additional 9,655 shares in the last quarter. JT Stratford LLC raised its position in Vanguard FTSE Developed Markets ETF by 5.8% in the 1st quarter. JT Stratford LLC now owns 96,171 shares of the company’s stock valued at $4,825,000 after buying an additional 5,304 shares during the last quarter. Finally, Capital Group Private Client Services Inc. raised its position in Vanguard FTSE Developed Markets ETF by 22.7% in the 1st quarter. Capital Group Private Client Services Inc. now owns 8,203 shares of the company’s stock valued at $412,000 after buying an additional 1,516 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Stock Performance

Vanguard FTSE Developed Markets ETF stock traded up $0.65 during midday trading on Friday, reaching $50.26. The stock had a trading volume of 5,992,921 shares, compared to its average volume of 10,269,265. The firm’s fifty day simple moving average is $50.32 and its 200-day simple moving average is $49.32. Vanguard FTSE Developed Markets ETF has a 1-year low of $41.48 and a 1-year high of $51.68. The stock has a market capitalization of $131.68 billion, a P/E ratio of 13.32 and a beta of 0.88.

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.