Focus Financial Network Inc. Has $25.28 Million Stock Position in Vanguard FTSE Developed Markets ETF $VEA

Focus Financial Network Inc. increased its position in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 7.0% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 404,680 shares of the company’s stock after acquiring an additional 26,481 shares during the quarter. Vanguard FTSE Developed Markets ETF accounts for about 0.9% of Focus Financial Network Inc.’s holdings, making the stock its 21st largest position. Focus Financial Network Inc.’s holdings in Vanguard FTSE Developed Markets ETF were worth $25,280,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. GGM Financials LLC acquired a new position in Vanguard FTSE Developed Markets ETF in the 3rd quarter worth approximately $27,000. Ulland Investment Advisors LLC raised its stake in Vanguard FTSE Developed Markets ETF by 75.6% during the 3rd quarter. Ulland Investment Advisors LLC now owns 562 shares of the company’s stock valued at $34,000 after purchasing an additional 242 shares during the period. Cloud Capital Management LLC purchased a new stake in shares of Vanguard FTSE Developed Markets ETF in the third quarter valued at $37,000. Elevation Point Wealth Partners LLC purchased a new stake in shares of Vanguard FTSE Developed Markets ETF in the second quarter valued at $48,000. Finally, Kilter Group LLC acquired a new stake in shares of Vanguard FTSE Developed Markets ETF in the second quarter worth $49,000.

Vanguard FTSE Developed Markets ETF Trading Down 0.8%

Shares of VEA stock opened at $63.15 on Wednesday. Vanguard FTSE Developed Markets ETF has a 1-year low of $45.14 and a 1-year high of $70.55. The company has a market capitalization of $195.61 billion, a price-to-earnings ratio of 16.34 and a beta of 0.87. The stock’s fifty day simple moving average is $66.64 and its 200-day simple moving average is $63.16.

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.