Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) Sets New 52-Week High – Time to Buy?

Vanguard FTSE Developed Markets ETF (NYSEARCA:VEAGet Free Report)’s stock price hit a new 52-week high on Wednesday . The stock traded as high as $73.48 and last traded at $73.38, with a volume of 3904684 shares trading hands. The stock had previously closed at $72.69.

Vanguard FTSE Developed Markets ETF Stock Performance

The stock has a market cap of $237.65 billion, a P/E ratio of 16.34 and a beta of 0.83. The company’s 50 day moving average price is $70.91 and its 200-day moving average price is $68.80.

Institutional Investors Weigh In On Vanguard FTSE Developed Markets ETF

Institutional investors have recently added to or reduced their stakes in the company. Buck Wealth Strategies LLC boosted its stake in Vanguard FTSE Developed Markets ETF by 16.3% in the 4th quarter. Buck Wealth Strategies LLC now owns 364,560 shares of the company’s stock worth $22,774,000 after purchasing an additional 51,187 shares during the period. Green Ridge Wealth Planning LLC bought a new stake in shares of Vanguard FTSE Developed Markets ETF during the fourth quarter valued at approximately $15,031,000. Root Financial Partners LLC boosted its position in shares of Vanguard FTSE Developed Markets ETF by 27.1% during the fourth quarter. Root Financial Partners LLC now owns 97,303 shares of the company’s stock worth $6,079,000 after acquiring an additional 20,769 shares during the last quarter. Verus Advisory Inc. bought a new stake in Vanguard FTSE Developed Markets ETF in the 4th quarter valued at $9,561,000. Finally, Amara Financial LLC. increased its holdings in Vanguard FTSE Developed Markets ETF by 15.7% in the 4th quarter. Amara Financial LLC. now owns 336,393 shares of the company’s stock valued at $21,014,000 after acquiring an additional 45,737 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Company Profile

(Get 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.

Further Reading

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