MJP Associates Inc. ADV Invests $4.88 Million in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

MJP Associates Inc. ADV bought a new position in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) during the second quarter, according to its most recent filing with the SEC. The fund bought 105,677 shares of the company’s stock, valued at approximately $4,880,000. Vanguard FTSE Developed Markets ETF accounts for 1.6% of MJP Associates Inc. ADV’s investment portfolio, making the stock its 10th largest holding.

A number of other hedge funds also recently made changes to their positions in the business. Moneta Group Investment Advisors LLC increased its position in shares of Vanguard FTSE Developed Markets ETF by 124,379.2% during the fourth quarter. Moneta Group Investment Advisors LLC now owns 598,876,745 shares of the company’s stock valued at $25,134,857,000 after buying an additional 598,395,639 shares during the period. Envestnet Asset Management Inc. increased its position in shares of Vanguard FTSE Developed Markets ETF by 35.6% during the first quarter. Envestnet Asset Management Inc. now owns 116,282,346 shares of the company’s stock valued at $3,951,166,000 after buying an additional 30,551,322 shares during the period. Creative Planning increased its position in shares of Vanguard FTSE Developed Markets ETF by 6.8% during the fourth quarter. Creative Planning now owns 114,292,793 shares of the company’s stock valued at $4,796,869,000 after buying an additional 7,307,240 shares during the period. Betterment LLC increased its position in shares of Vanguard FTSE Developed Markets ETF by 1.6% in the fourth quarter. Betterment LLC now owns 103,959,506 shares of the company’s stock worth $4,363,180,000 after purchasing an additional 1,671,220 shares during the last quarter. Finally, Jones Financial Companies Lllp increased its position in shares of Vanguard FTSE Developed Markets ETF by 0.3% in the first quarter. Jones Financial Companies Lllp now owns 74,137,064 shares of the company’s stock worth $3,348,771,000 after purchasing an additional 235,494 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Stock Down 1.0 %

Shares of VEA stock traded down $0.44 during trading on Monday, hitting $45.28. The company had a trading volume of 3,755,989 shares, compared to its average volume of 9,786,104. The stock’s 50-day moving average is $46.07 and its two-hundred day moving average is $45.69. The stock has a market capitalization of $111.39 billion, a price-to-earnings ratio of 11.40 and a beta of 0.89. Vanguard FTSE Developed Markets ETF has a 52 week low of $35.42 and a 52 week high of $47.81.

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.