Krane Financial Solutions LLC Makes New $4.42 Million Investment in Vanguard FTSE Developed Markets ETF $VEA

Krane Financial Solutions LLC acquired a new stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEAFree Report) during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 68,925 shares of the company’s stock, valued at approximately $4,417,000. Vanguard FTSE Developed Markets ETF comprises 3.0% of Krane Financial Solutions LLC’s portfolio, making the stock its 15th biggest position.

Several other hedge funds and other institutional investors have also made changes to their positions in VEA. Auto Owners Insurance Co lifted its stake in Vanguard FTSE Developed Markets ETF by 6,941.5% during the fourth quarter. Auto Owners Insurance Co now owns 73,636,513 shares of the company’s stock worth $4,600,073,000 after purchasing an additional 72,590,763 shares during the last quarter. Morgan Stanley increased its stake in Vanguard FTSE Developed Markets ETF by 44.0% in the fourth quarter. Morgan Stanley now owns 90,491,038 shares of the company’s stock valued at $5,652,975,000 after purchasing an additional 27,650,637 shares during the last quarter. Corient Private Wealth LLC increased its stake in Vanguard FTSE Developed Markets ETF by 122.9% in the second quarter. Corient Private Wealth LLC now owns 41,168,047 shares of the company’s stock valued at $2,201,917,000 after purchasing an additional 22,700,179 shares during the last quarter. Jasper Ridge Partners L.P. raised its holdings in Vanguard FTSE Developed Markets ETF by 35.6% during the third quarter. Jasper Ridge Partners L.P. now owns 20,757,883 shares of the company’s stock worth $1,243,812,000 after purchasing an additional 5,451,849 shares in the last quarter. Finally, Cambridge Associates LLC MA ADV lifted its position in shares of Vanguard FTSE Developed Markets ETF by 152.5% during the 3rd quarter. Cambridge Associates LLC MA ADV now owns 8,489,920 shares of the company’s stock worth $508,716,000 after buying an additional 5,127,412 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Trading Down 0.7%

Shares of NYSEARCA:VEA opened at $70.62 on Friday. The firm has a 50 day simple moving average of $70.82 and a 200-day simple moving average of $68.41. Vanguard FTSE Developed Markets ETF has a twelve month low of $55.68 and a twelve month high of $73.23. The company has a market capitalization of $228.80 billion, a PE ratio of 16.34 and a beta of 0.83.

About Vanguard FTSE Developed Markets ETF

(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.

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

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