Patton Fund Management Inc. Purchases 17,784 Shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Patton Fund Management Inc. increased its holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 122.5% during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 32,307 shares of the company’s stock after buying an additional 17,784 shares during the period. Patton Fund Management Inc.’s holdings in Vanguard FTSE Developed Markets ETF were worth $1,545,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in VEA. Nvest Financial LLC raised its position in shares of Vanguard FTSE Developed Markets ETF by 11.2% during the 4th quarter. Nvest Financial LLC now owns 5,335 shares of the company’s stock valued at $255,000 after buying an additional 536 shares in the last quarter. Foster Victor Wealth Advisors LLC increased its stake in Vanguard FTSE Developed Markets ETF by 4.7% in the fourth quarter. Foster Victor Wealth Advisors LLC now owns 16,464 shares of the company’s stock valued at $800,000 after acquiring an additional 732 shares during the last quarter. BWM Planning LLC raised its position in Vanguard FTSE Developed Markets ETF by 5.1% during the fourth quarter. BWM Planning LLC now owns 8,838 shares of the company’s stock valued at $423,000 after purchasing an additional 430 shares in the last quarter. Asset Dedication LLC lifted its stake in Vanguard FTSE Developed Markets ETF by 0.8% during the fourth quarter. Asset Dedication LLC now owns 40,613 shares of the company’s stock worth $1,942,000 after purchasing an additional 333 shares during the last quarter. Finally, Verus Wealth Management LLC purchased a new position in shares of Vanguard FTSE Developed Markets ETF in the 4th quarter worth about $5,956,000.

Vanguard FTSE Developed Markets ETF Price Performance

NYSEARCA:VEA opened at $49.88 on Wednesday. The company has a market capitalization of $130.69 billion, a price-to-earnings ratio of 13.32 and a beta of 0.88. The business has a 50 day moving average of $49.05 and a 200 day moving average of $50.26. Vanguard FTSE Developed Markets ETF has a 1-year low of $46.72 and a 1-year 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.