Franklin Resources Inc. Purchases 13,044 Shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Franklin Resources Inc. lifted its position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 4.0% in the third quarter, HoldingsChannel.com reports. The firm owned 341,703 shares of the company’s stock after acquiring an additional 13,044 shares during the period. Franklin Resources Inc.’s holdings in Vanguard FTSE Developed Markets ETF were worth $17,803,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Spectrum Wealth Counsel LLC acquired a new stake in Vanguard FTSE Developed Markets ETF during the second quarter valued at approximately $33,000. Lummis Asset Management LP acquired a new position in shares of Vanguard FTSE Developed Markets ETF in the 3rd quarter worth approximately $34,000. Abich Financial Wealth Management LLC lifted its position in shares of 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 worth $37,000 after buying an additional 713 shares during the period. Fairscale Capital LLC acquired a new stake in Vanguard FTSE Developed Markets ETF in the 2nd quarter valued at $38,000. Finally, First Command Advisory Services Inc. grew its position in Vanguard FTSE Developed Markets ETF by 379.3% in the second quarter. First Command Advisory Services Inc. now owns 786 shares of the company’s stock valued at $39,000 after acquiring an additional 622 shares during the period.

Vanguard FTSE Developed Markets ETF Price Performance

Vanguard FTSE Developed Markets ETF stock opened at $47.57 on Friday. Vanguard FTSE Developed Markets ETF has a 52-week low of $45.91 and a 52-week high of $53.40. The stock has a fifty day moving average price of $50.16 and a two-hundred day moving average price of $50.58. The firm has a market capitalization of $124.63 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.