Nicholas Hoffman & Company LLC. Raises Position in Vanguard FTSE Developed Markets ETF $VEA

Nicholas Hoffman & Company LLC. grew its position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 0.8% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 12,874,922 shares of the company’s stock after acquiring an additional 106,128 shares during the period. Vanguard FTSE Developed Markets ETF accounts for 19.0% of Nicholas Hoffman & Company LLC.’s portfolio, making the stock its 2nd largest holding. Nicholas Hoffman & Company LLC. owned about 0.40% of Vanguard FTSE Developed Markets ETF worth $825,025,000 at the end of the most recent quarter.

A number of other large investors have also bought and sold shares of the business. Mascagni Wealth Management Inc. raised its position in Vanguard FTSE Developed Markets ETF by 2.1% in the 4th quarter. Mascagni Wealth Management Inc. now owns 7,231 shares of the company’s stock valued at $452,000 after purchasing an additional 152 shares during the last quarter. TL Private Wealth grew its stake in shares of Vanguard FTSE Developed Markets ETF by 1.7% during the fourth quarter. TL Private Wealth now owns 9,396 shares of the company’s stock valued at $606,000 after purchasing an additional 155 shares during the last quarter. River Wealth Advisors LLC increased its stake in shares of Vanguard FTSE Developed Markets ETF by 1.3% in the 4th quarter. River Wealth Advisors LLC now owns 12,143 shares of the company’s stock valued at $759,000 after buying an additional 161 shares during the period. Belpointe Asset Management LLC raised its holdings in Vanguard FTSE Developed Markets ETF by 0.5% during the 4th quarter. Belpointe Asset Management LLC now owns 34,529 shares of the company’s stock worth $2,157,000 after purchasing an additional 162 shares during the last quarter. Finally, Spire Wealth Management raised its stake in shares of Vanguard FTSE Developed Markets ETF by 0.6% during the fourth quarter. Spire Wealth Management now owns 27,194 shares of the company’s stock worth $1,699,000 after buying an additional 163 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Stock Down 1.5%

VEA stock opened at $70.78 on Wednesday. Vanguard FTSE Developed Markets ETF has a twelve month low of $55.68 and a twelve month high of $73.23. The business’s fifty day moving average is $70.62 and its 200-day moving average is $67.55. The company has a market cap of $229.32 billion, a P/E ratio of 16.34 and a beta of 0.83.

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.