Shotwell Rutter Baer Inc Makes New $8.01 Million Investment in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Shotwell Rutter Baer Inc acquired a new stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEAFree Report) in the 2nd quarter, Holdings Channel.com reports. The institutional investor acquired 159,865 shares of the company’s stock, valued at approximately $8,008,000. Vanguard FTSE Developed Markets ETF accounts for about 7.1% of Shotwell Rutter Baer Inc’s investment portfolio, making the stock its 5th largest holding.

A number of other institutional investors and hedge funds have also recently modified their holdings of VEA. Wetzel Investment Advisors Inc. bought a new stake in Vanguard FTSE Developed Markets ETF in the fourth quarter worth $26,000. First Command Advisory Services Inc. increased its position in Vanguard FTSE Developed Markets ETF by 81.3% during the fourth quarter. First Command Advisory Services Inc. now owns 689 shares of the company’s stock valued at $33,000 after acquiring an additional 309 shares during the last quarter. LRI Investments LLC purchased a new stake in shares of Vanguard FTSE Developed Markets ETF in the first quarter valued at $39,000. Albion Financial Group UT purchased a new stake in shares of Vanguard FTSE Developed Markets ETF in the fourth quarter valued at $40,000. Finally, LifeSteps Financial Inc. bought a new stake in shares of Vanguard FTSE Developed Markets ETF in the 1st quarter worth about $44,000.

Vanguard FTSE Developed Markets ETF Trading Up 1.7 %

Shares of VEA stock traded up $0.82 during trading hours on Thursday, reaching $48.73. 8,132,369 shares of the stock were exchanged, compared to its average volume of 10,321,313. Vanguard FTSE Developed Markets ETF has a 12-month low of $41.48 and a 12-month high of $51.68. The firm has a market capitalization of $127.67 billion, a price-to-earnings ratio of 13.32 and a beta of 0.88. The company’s 50-day moving average price is $50.04 and its 200-day moving average price is $49.43.

Vanguard FTSE Developed Markets ETF Profile

(Free Report)

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.

Further Reading

Want to see what other hedge funds are holding VEA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Vanguard FTSE Developed Markets ETF (NYSEARCA:VEAFree Report).

Institutional Ownership by Quarter for Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

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