Horan Capital Advisors LLC. Makes New Investment in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Horan Capital Advisors LLC. bought a new stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 5,691 shares of the company’s stock, valued at approximately $273,000.

Other institutional investors have also recently made changes to their positions in the company. TIAA Trust National Association purchased a new position in shares of Vanguard FTSE Developed Markets ETF during the third quarter valued at approximately $1,032,460,000. Charles Schwab Investment Management Inc. increased its position in shares of Vanguard FTSE Developed Markets ETF by 82.8% during the third quarter. Charles Schwab Investment Management Inc. now owns 37,076,231 shares of the company’s stock worth $1,620,973,000 after acquiring an additional 16,797,788 shares during the period. Envestnet Portfolio Solutions Inc. bought a new stake in Vanguard FTSE Developed Markets ETF during the 3rd quarter valued at $569,628,000. Cerity Partners LLC raised its holdings in shares of Vanguard FTSE Developed Markets ETF by 63.5% in the fourth quarter. Cerity Partners LLC now owns 18,972,495 shares of the company’s stock valued at $908,783,000 after acquiring an additional 7,370,621 shares in the last quarter. Finally, Betterment LLC grew its holdings in Vanguard FTSE Developed Markets ETF by 2.6% during the 3rd quarter. Betterment LLC now owns 108,000,000 shares of the company’s stock worth $4,735,356,000 after acquiring an additional 2,711,916 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Price Performance

Shares of NYSEARCA:VEA traded up $0.45 during trading hours on Friday, hitting $49.56. The company’s stock had a trading volume of 11,883,003 shares, compared to its average volume of 11,600,427. The firm’s fifty day moving average price is $49.28 and its 200 day moving average price is $47.22. Vanguard FTSE Developed Markets ETF has a 52 week low of $41.48 and a 52 week high of $50.36. The company has a market capitalization of $129.85 billion, a price-to-earnings ratio of 13.32 and a beta of 0.88.

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.