Duncan Williams Asset Management LLC Makes New Investment in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Duncan Williams Asset Management LLC bought a new stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) during the 4th quarter, HoldingsChannel reports. The fund bought 78,284 shares of the company’s stock, valued at approximately $3,744,000. Vanguard FTSE Developed Markets ETF comprises approximately 1.5% of Duncan Williams Asset Management LLC’s holdings, making the stock its 14th biggest position.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Creative Planning grew its stake in shares of Vanguard FTSE Developed Markets ETF by 4.9% during the 2nd quarter. Creative Planning now owns 139,777,262 shares of the company’s stock worth $6,907,792,000 after purchasing an additional 6,565,775 shares during the period. WealthNavi Inc. boosted its holdings in Vanguard FTSE Developed Markets ETF by 5.6% during the third quarter. WealthNavi Inc. now owns 46,095,601 shares of the company’s stock worth $2,434,309,000 after buying an additional 2,436,012 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its position in Vanguard FTSE Developed Markets ETF by 4.9% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 50,962,305 shares of the company’s stock worth $2,518,573,000 after buying an additional 2,402,484 shares during the period. International Assets Investment Management LLC increased its holdings in Vanguard FTSE Developed Markets ETF by 5,209.5% in the third quarter. International Assets Investment Management LLC now owns 1,895,439 shares of the company’s stock valued at $100,098,000 after buying an additional 1,859,740 shares in the last quarter. Finally, Cerity Partners LLC lifted its position in shares of Vanguard FTSE Developed Markets ETF by 12.4% during the 3rd quarter. Cerity Partners LLC now owns 15,432,650 shares of the company’s stock valued at $814,998,000 after acquiring an additional 1,700,587 shares during the period.

Vanguard FTSE Developed Markets ETF Price Performance

VEA opened at $50.02 on Friday. The stock’s 50 day simple moving average is $49.03 and its 200 day simple moving average is $50.28. The stock has a market cap of $131.05 billion, a P/E ratio of 13.32 and a beta of 0.88. Vanguard FTSE Developed Markets ETF has a 1-year low of $46.72 and a 1-year high of $53.40.

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.