JMG Financial Group Ltd. Acquires 178,496 Shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

JMG Financial Group Ltd. grew its holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 3.5% during the fourth quarter, Holdings Channel reports. The firm owned 5,337,803 shares of the company’s stock after acquiring an additional 178,496 shares during the quarter. Vanguard FTSE Developed Markets ETF comprises about 10.7% of JMG Financial Group Ltd.’s holdings, making the stock its 3rd largest position. JMG Financial Group Ltd.’s holdings in Vanguard FTSE Developed Markets ETF were worth $255,681,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Wetzel Investment Advisors Inc. acquired a new position in Vanguard FTSE Developed Markets ETF during the 4th quarter worth approximately $26,000. Versant Capital Management Inc acquired a new position in Vanguard FTSE Developed Markets ETF during the 4th quarter worth approximately $29,000. First Command Advisory Services Inc. raised its stake in Vanguard FTSE Developed Markets ETF by 81.3% during the 4th quarter. First Command Advisory Services Inc. now owns 689 shares of the company’s stock worth $33,000 after buying an additional 309 shares during the period. 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 worth $34,000 after buying an additional 515 shares during the period. Finally, Orion Capital Management LLC acquired a new position in Vanguard FTSE Developed Markets ETF during the 3rd quarter worth approximately $40,000.

Vanguard FTSE Developed Markets ETF Stock Performance

VEA traded up $0.49 during midday trading on Tuesday, reaching $48.87. 7,995,504 shares of the company were exchanged, compared to its average volume of 11,694,505. The company’s fifty day moving average price is $49.18 and its 200 day moving average price is $46.98. The company has a market cap of $128.04 billion, a price-to-earnings ratio of 13.31 and a beta of 0.88. Vanguard FTSE Developed Markets ETF has a one year low of $41.48 and a one year high of $50.36.

About Vanguard FTSE Developed Markets ETF

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.