Saxon Interests Inc. Makes New Investment in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Saxon Interests Inc. bought a new position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 18,704 shares of the company’s stock, valued at approximately $896,000.

A number of other institutional investors have also recently added to or reduced their stakes in the company. Pacific Center for Financial Services acquired a new stake in shares of Vanguard FTSE Developed Markets ETF during the 1st quarter valued at $25,000. VitalStone Financial LLC acquired a new stake in shares of Vanguard FTSE Developed Markets ETF during the 2nd quarter valued at $28,000. Versant Capital Management Inc acquired a new stake in shares of Vanguard FTSE Developed Markets ETF during the 4th quarter valued at $29,000. Sunbelt Securities Inc. acquired a new stake in shares of Vanguard FTSE Developed Markets ETF during the 1st quarter valued at $29,000. Finally, Investment Research & Advisory Group Inc. raised its stake in Vanguard FTSE Developed Markets ETF by 273.9% during the 4th quarter. Investment Research & Advisory Group Inc. now owns 703 shares of the company’s stock valued at $34,000 after purchasing an additional 515 shares during the period.

Vanguard FTSE Developed Markets ETF Trading Down 0.2 %

NYSEARCA:VEA traded down $0.11 during trading hours on Thursday, hitting $50.16. 8,335,976 shares of the stock traded hands, compared to its average volume of 11,135,784. The firm has a 50 day moving average price of $48.50 and a 200 day moving average price of $46.32. Vanguard FTSE Developed Markets ETF has a fifty-two week low of $41.48 and a fifty-two week high of $50.36. The firm has a market cap of $123.39 billion, a price-to-earnings ratio of 11.40 and a beta of 0.89.

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.