Matrix Trust Co Buys New Shares in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Matrix Trust Co purchased a new position in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 768,637 shares of the company’s stock, valued at approximately $40,592,000. Vanguard FTSE Developed Markets ETF accounts for 7.6% of Matrix Trust Co’s investment portfolio, making the stock its 3rd biggest position.

Other hedge funds also recently bought and sold shares of the company. Transcendent Capital Group LLC boosted its position in shares of Vanguard FTSE Developed Markets ETF by 101.2% during the 2nd quarter. Transcendent Capital Group LLC now owns 509 shares of the company’s stock worth $25,000 after acquiring an additional 256 shares in the last quarter. Triad Wealth Partners LLC purchased a new position in Vanguard FTSE Developed Markets ETF in the second quarter valued at approximately $31,000. Spectrum Wealth Counsel LLC acquired a new stake in Vanguard FTSE Developed Markets ETF during the second quarter worth approximately $33,000. Abich Financial Wealth Management LLC lifted its position in shares of Vanguard FTSE Developed Markets ETF by 2,458.6% during the 2nd quarter. Abich Financial Wealth Management LLC now owns 742 shares of the company’s stock worth $37,000 after buying an additional 713 shares during the last quarter. Finally, Fairscale Capital LLC acquired a new position in shares of Vanguard FTSE Developed Markets ETF in the 2nd quarter valued at $38,000.

Vanguard FTSE Developed Markets ETF Trading Down 0.4 %

NYSEARCA:VEA traded down $0.22 during midday trading on Thursday, hitting $51.60. 1,934,742 shares of the company were exchanged, compared to its average volume of 9,596,808. Vanguard FTSE Developed Markets ETF has a fifty-two week low of $41.48 and a fifty-two week high of $53.40. The company has a market capitalization of $135.19 billion, a PE ratio of 13.32 and a beta of 0.88. The company has a fifty day simple moving average of $51.22 and a 200 day simple moving average of $50.40.

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.