Magnolia Private Wealth LLC Takes $294,000 Position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Magnolia Private Wealth LLC purchased a new position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 6,156 shares of the company’s stock, valued at approximately $294,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Brown Lisle Cummings Inc. boosted its stake in Vanguard FTSE Developed Markets ETF by 5.5% in the 4th quarter. Brown Lisle Cummings Inc. now owns 3,842 shares of the company’s stock worth $184,000 after purchasing an additional 200 shares in the last quarter. MTM Investment Management LLC grew its holdings in shares of Vanguard FTSE Developed Markets ETF by 1.5% during the third quarter. MTM Investment Management LLC now owns 14,238 shares of the company’s stock valued at $743,000 after buying an additional 208 shares during the last quarter. O Connor Financial Group LLC increased its position in shares of Vanguard FTSE Developed Markets ETF by 3.4% during the fourth quarter. O Connor Financial Group LLC now owns 6,318 shares of the company’s stock valued at $302,000 after acquiring an additional 210 shares in the last quarter. Carmel Capital Partners LLC lifted its position in Vanguard FTSE Developed Markets ETF by 3.1% in the 3rd quarter. Carmel Capital Partners LLC now owns 7,600 shares of the company’s stock valued at $401,000 after acquiring an additional 226 shares in the last quarter. Finally, Crewe Advisors LLC boosted its stake in Vanguard FTSE Developed Markets ETF by 0.8% during the 4th quarter. Crewe Advisors LLC now owns 29,257 shares of the company’s stock valued at $1,399,000 after purchasing an additional 230 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Price Performance

Shares of NYSEARCA:VEA opened at $51.56 on Wednesday. Vanguard FTSE Developed Markets ETF has a 1 year low of $46.79 and a 1 year high of $53.40. The stock’s fifty day moving average price is $49.36 and its 200-day moving average price is $50.40. The company has a market cap of $144.88 billion, a P/E ratio of 16.75 and a beta of 0.92.

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.