Vanguard FTSE Developed Markets ETF $VEA Stake Boosted by Level Financial Advisors

Level Financial Advisors boosted its stake in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 5.6% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 434,155 shares of the company’s stock after purchasing an additional 23,062 shares during the period. Vanguard FTSE Developed Markets ETF comprises approximately 7.2% of Level Financial Advisors’ investment portfolio, making the stock its 3rd biggest holding. Level Financial Advisors’ holdings in Vanguard FTSE Developed Markets ETF were worth $27,122,000 as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in VEA. Brighton Jones LLC grew its position in Vanguard FTSE Developed Markets ETF by 79.2% during the fourth quarter. Brighton Jones LLC now owns 243,622 shares of the company’s stock valued at $11,650,000 after buying an additional 107,649 shares during the period. Revolve Wealth Partners LLC grew its position in Vanguard FTSE Developed Markets ETF by 47.3% during the fourth quarter. Revolve Wealth Partners LLC now owns 123,485 shares of the company’s stock valued at $5,905,000 after buying an additional 39,653 shares during the period. Capstone Wealth Management Group LLC bought a new position in Vanguard FTSE Developed Markets ETF during the first quarter valued at about $209,000. Squarepoint Ops LLC bought a new position in Vanguard FTSE Developed Markets ETF during the second quarter valued at about $7,001,000. Finally, Glenview Trust co grew its position in Vanguard FTSE Developed Markets ETF by 1.8% during the second quarter. Glenview Trust co now owns 16,992 shares of the company’s stock valued at $969,000 after buying an additional 297 shares during the period.

Vanguard FTSE Developed Markets ETF Stock Performance

VEA opened at $68.63 on Friday. The firm has a market cap of $220.11 billion, a P/E ratio of 16.34 and a beta of 0.83. The firm has a 50-day moving average of $66.59 and a 200 day moving average of $63.81. Vanguard FTSE Developed Markets ETF has a fifty-two week low of $50.17 and a fifty-two week high of $70.55.

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.