Wedmont Private Capital Acquires 369,783 Shares of Vanguard FTSE Developed Markets ETF $VEA

Wedmont Private Capital lifted its holdings in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 9.4% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 4,308,564 shares of the company’s stock after buying an additional 369,783 shares during the period. Vanguard FTSE Developed Markets ETF comprises 9.6% of Wedmont Private Capital’s investment portfolio, making the stock its biggest holding. Wedmont Private Capital owned approximately 0.14% of Vanguard FTSE Developed Markets ETF worth $275,231,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of VEA. Etesian Wealth Advisors Inc. grew its holdings in Vanguard FTSE Developed Markets ETF by 6.3% in the third quarter. Etesian Wealth Advisors Inc. now owns 222,561 shares of the company’s stock valued at $13,336,000 after purchasing an additional 13,158 shares during the last quarter. Warner Financial Inc. boosted its position in shares of Vanguard FTSE Developed Markets ETF by 5.5% in the 3rd quarter. Warner Financial Inc. now owns 292,561 shares of the company’s stock worth $17,530,000 after buying an additional 15,376 shares in the last quarter. Noble Family Wealth LLC boosted its position in shares of Vanguard FTSE Developed Markets ETF by 8.9% in the 3rd quarter. Noble Family Wealth LLC now owns 639,448 shares of the company’s stock worth $38,316,000 after buying an additional 52,052 shares in the last quarter. Eastern Bank grew its stake in Vanguard FTSE Developed Markets ETF by 6.1% in the 3rd quarter. Eastern Bank now owns 2,345,531 shares of the company’s stock valued at $140,544,000 after acquiring an additional 133,977 shares during the last quarter. Finally, Essential Planning LLC. increased its holdings in Vanguard FTSE Developed Markets ETF by 53.7% during the 3rd quarter. Essential Planning LLC. now owns 43,878 shares of the company’s stock valued at $2,629,000 after acquiring an additional 15,329 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Trading Down 3.3%

Shares of VEA opened at $62.04 on Friday. The stock has a market cap of $192.18 billion, a P/E ratio of 16.34 and a beta of 0.87. The company has a 50-day moving average of $66.70 and a two-hundred day moving average of $63.06. Vanguard FTSE Developed Markets ETF has a 12-month low of $45.14 and a 12-month high of $70.55.

Vanguard FTSE Developed Markets ETF 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.