Kraft Asset Management LLC Acquires Shares of 11,114 Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Kraft Asset Management LLC acquired a new stake in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 11,114 shares of the company’s stock, valued at approximately $535,000. Vanguard FTSE Developed Markets ETF makes up 0.4% of Kraft Asset Management LLC’s investment portfolio, making the stock its 27th largest position.

Several other institutional investors have also added to or reduced their stakes in the company. Park Place Capital Corp raised its position in Vanguard FTSE Developed Markets ETF by 175.0% during the fourth quarter. Park Place Capital Corp now owns 96,944 shares of the company’s stock valued at $4,636,000 after purchasing an additional 61,692 shares in the last quarter. Magnus Financial Group LLC grew its stake in shares of Vanguard FTSE Developed Markets ETF by 1.6% during the fourth quarter. Magnus Financial Group LLC now owns 35,728 shares of the company’s stock worth $1,708,000 after buying an additional 549 shares during the last quarter. LifeGuide Financial Advisors LLC grew its stake in shares of Vanguard FTSE Developed Markets ETF by 10.4% during the fourth quarter. LifeGuide Financial Advisors LLC now owns 111,892 shares of the company’s stock worth $5,351,000 after buying an additional 10,564 shares during the last quarter. Investment Advisory Group LLC grew its stake in shares of Vanguard FTSE Developed Markets ETF by 5.9% during the fourth quarter. Investment Advisory Group LLC now owns 14,377 shares of the company’s stock worth $688,000 after buying an additional 800 shares during the last quarter. Finally, Phoenix Wealth Advisors grew its stake in shares of Vanguard FTSE Developed Markets ETF by 6.4% during the fourth quarter. Phoenix Wealth Advisors now owns 102,134 shares of the company’s stock worth $4,884,000 after buying an additional 6,132 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Stock Performance

NYSEARCA VEA opened at $49.40 on Thursday. The firm’s fifty day moving average price is $48.99 and its two-hundred day moving average price is $50.29. The stock has a market cap of $129.43 billion, a PE ratio of 13.32 and a beta of 0.88. Vanguard FTSE Developed Markets ETF has a fifty-two week low of $46.60 and a fifty-two week high of $53.40.

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.