Advisors Capital Management LLC Boosts Holdings in Vanguard FTSE Developed Markets ETF $VEA

Advisors Capital Management LLC lifted its position in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 4.2% in the third quarter, Holdings Channel reports. The institutional investor owned 604,502 shares of the company’s stock after acquiring an additional 24,362 shares during the quarter. Advisors Capital Management LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $36,222,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in VEA. Cloud Capital Management LLC purchased a new stake in Vanguard FTSE Developed Markets ETF in the third quarter valued at $37,000. Elevation Point Wealth Partners LLC acquired a new stake in shares of Vanguard FTSE Developed Markets ETF during the 2nd quarter worth about $48,000. Kilter Group LLC purchased a new stake in Vanguard FTSE Developed Markets ETF in the 2nd quarter valued at about $49,000. Mid American Wealth Advisory Group Inc. acquired a new position in Vanguard FTSE Developed Markets ETF in the second quarter valued at about $52,000. Finally, Strengthening Families & Communities LLC purchased a new position in Vanguard FTSE Developed Markets ETF during the third quarter worth about $55,000.

Vanguard FTSE Developed Markets ETF Stock Performance

Vanguard FTSE Developed Markets ETF stock opened at $68.58 on Wednesday. The company has a market capitalization of $212.43 billion, a price-to-earnings ratio of 16.34 and a beta of 0.87. Vanguard FTSE Developed Markets ETF has a 1 year low of $45.14 and a 1 year high of $69.40. The company’s 50 day simple moving average is $64.87 and its 200-day simple moving average is $61.72.

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.