Traynor Capital Management Inc. Makes New Investment in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Traynor Capital Management Inc. acquired a new position in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 5,207 shares of the company’s stock, valued at approximately $249,000.

A number of other hedge funds also recently made changes to their positions in VEA. Cantor Fitzgerald Investment Advisor L.P raised its holdings in shares of Vanguard FTSE Developed Markets ETF by 1.1% during the first quarter. Cantor Fitzgerald Investment Advisor L.P now owns 1,002,770 shares of the company’s stock valued at $48,163,000 after acquiring an additional 11,011 shares in the last quarter. Ironwood Wealth Management LLC. raised its holdings in Vanguard FTSE Developed Markets ETF by 70.3% in the first quarter. Ironwood Wealth Management LLC. now owns 26,321 shares of the company’s stock worth $1,264,000 after purchasing an additional 10,861 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. raised its holdings in Vanguard FTSE Developed Markets ETF by 3.0% in the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 5,186,505 shares of the company’s stock worth $249,108,000 after purchasing an additional 152,648 shares in the last quarter. MAS Advisors LLC raised its holdings in Vanguard FTSE Developed Markets ETF by 13.7% in the first quarter. MAS Advisors LLC now owns 44,656 shares of the company’s stock worth $2,178,000 after purchasing an additional 5,372 shares in the last quarter. Finally, Canada Pension Plan Investment Board bought a new position in Vanguard FTSE Developed Markets ETF in the first quarter worth $6,004,000.

Vanguard FTSE Developed Markets ETF Trading Down 0.2 %

VEA traded down $0.10 during trading on Friday, reaching $50.17. The stock had a trading volume of 8,336,013 shares, compared to its average volume of 11,135,784. The stock’s 50 day moving average is $48.50 and its two-hundred day moving average is $46.32. The company has a market capitalization of $123.42 billion, a price-to-earnings ratio of 11.40 and a beta of 0.89. Vanguard FTSE Developed Markets ETF has a one year low of $41.48 and a one year high of $50.36.

Vanguard FTSE Developed Markets ETF 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.