Sax Wealth Advisors LLC Has $8.11 Million Position in Vanguard FTSE Developed Markets ETF $VEA

Sax Wealth Advisors LLC boosted its holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 100.8% during the fourth quarter, Holdings Channel reports. The fund owned 129,868 shares of the company’s stock after purchasing an additional 65,193 shares during the period. Sax Wealth Advisors LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $8,113,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in VEA. Cordant Inc. boosted its position in Vanguard FTSE Developed Markets ETF by 4.1% during the fourth quarter. Cordant Inc. now owns 523,528 shares of the company’s stock worth $32,705,000 after purchasing an additional 20,569 shares during the period. Richard P Slaughter Associates Inc increased its holdings in shares of Vanguard FTSE Developed Markets ETF by 3.5% in the fourth quarter. Richard P Slaughter Associates Inc now owns 14,092 shares of the company’s stock valued at $880,000 after purchasing an additional 473 shares during the last quarter. Hillcrest Wealth Advisors NY LLC raised its position in shares of Vanguard FTSE Developed Markets ETF by 1.4% in the fourth quarter. Hillcrest Wealth Advisors NY LLC now owns 259,083 shares of the company’s stock valued at $16,185,000 after purchasing an additional 3,600 shares during the period. Myecfo LLC raised its position in shares of Vanguard FTSE Developed Markets ETF by 5.1% in the fourth quarter. Myecfo LLC now owns 439,520 shares of the company’s stock valued at $27,457,000 after purchasing an additional 21,441 shares during the period. Finally, Client 1ST Advisory Group LLC lifted its stake in shares of Vanguard FTSE Developed Markets ETF by 5.7% during the 4th quarter. Client 1ST Advisory Group LLC now owns 20,031 shares of the company’s stock worth $1,251,000 after buying an additional 1,074 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Stock Performance

Shares of VEA stock opened at $63.97 on Thursday. Vanguard FTSE Developed Markets ETF has a 52 week low of $45.14 and a 52 week high of $70.55. The company has a market capitalization of $198.15 billion, a price-to-earnings ratio of 16.34 and a beta of 0.87. The company has a 50-day simple moving average of $66.63 and a 200 day simple moving average of $63.16.

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.