Telemus Capital LLC Raises Stock Position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Telemus Capital LLC boosted its position in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 10.5% during the 4th quarter, Holdings Channel reports. The institutional investor owned 123,402 shares of the company’s stock after acquiring an additional 11,753 shares during the period. Telemus Capital LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $5,911,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Wetzel Investment Advisors Inc. acquired a new stake in shares of Vanguard FTSE Developed Markets ETF in the fourth quarter valued at about $26,000. Versant Capital Management Inc acquired a new stake in shares of Vanguard FTSE Developed Markets ETF in the fourth quarter valued at about $29,000. First Command Advisory Services Inc. grew its position in shares of Vanguard FTSE Developed Markets ETF by 81.3% in the fourth quarter. First Command Advisory Services Inc. now owns 689 shares of the company’s stock valued at $33,000 after purchasing an additional 309 shares during the period. Investment Research & Advisory Group Inc. grew its position in shares of Vanguard FTSE Developed Markets ETF by 273.9% in the fourth 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. Finally, Orion Capital Management LLC acquired a new position in Vanguard FTSE Developed Markets ETF during the third quarter worth about $40,000.

Vanguard FTSE Developed Markets ETF Trading Up 1.1 %

VEA opened at $48.39 on Tuesday. The firm has a market capitalization of $126.78 billion, a PE ratio of 13.31 and a beta of 0.88. Vanguard FTSE Developed Markets ETF has a twelve month low of $41.48 and a twelve month high of $50.36. The firm’s 50-day moving average price is $49.14 and its 200 day moving average price is $46.94.

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.