Parthenon LLC Has $4.33 Million Stock Position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Parthenon LLC increased its position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 0.4% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 82,011 shares of the company’s stock after purchasing an additional 310 shares during the quarter. Parthenon LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $4,331,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in VEA. Transcendent Capital Group LLC lifted its stake in shares of Vanguard FTSE Developed Markets ETF by 101.2% in the second quarter. Transcendent Capital Group LLC now owns 509 shares of the company’s stock valued at $25,000 after buying an additional 256 shares in the last quarter. Triad Wealth Partners LLC bought a new position in Vanguard FTSE Developed Markets ETF in the 2nd quarter valued at about $31,000. Spectrum Wealth Counsel LLC bought a new position in Vanguard FTSE Developed Markets ETF in the 2nd quarter valued at about $33,000. Abich Financial Wealth Management LLC boosted its stake in Vanguard FTSE Developed Markets ETF by 2,458.6% during the 2nd quarter. Abich Financial Wealth Management LLC now owns 742 shares of the company’s stock valued at $37,000 after purchasing an additional 713 shares during the last quarter. Finally, Fairscale Capital LLC bought a new stake in Vanguard FTSE Developed Markets ETF during the 2nd quarter worth approximately $38,000.

Vanguard FTSE Developed Markets ETF Price Performance

Shares of VEA stock traded down $0.38 during trading hours on Wednesday, reaching $49.03. The company had a trading volume of 2,515,618 shares, compared to its average volume of 9,519,782. The company has a market cap of $128.46 billion, a price-to-earnings ratio of 13.32 and a beta of 0.88. Vanguard FTSE Developed Markets ETF has a 12 month low of $44.65 and a 12 month high of $53.40. The business has a fifty day simple moving average of $51.38 and a 200-day simple moving average of $50.69.

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.