Sequoia Financial Advisors LLC Has $61.29 Million Stake in Vanguard FTSE Developed Markets ETF $VEA

Sequoia Financial Advisors LLC lifted its position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 3.2% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 956,431 shares of the company’s stock after buying an additional 29,974 shares during the quarter. Sequoia Financial Advisors LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $61,288,000 as of its most recent filing with the SEC.

Other hedge funds have also recently added to or reduced their stakes in the company. Nova Wealth Management Inc. increased its stake in shares of Vanguard FTSE Developed Markets ETF by 151.5% during the 4th quarter. Nova Wealth Management Inc. now owns 420 shares of the company’s stock worth $26,000 after purchasing an additional 253 shares during the last quarter. Ulland Investment Advisors LLC lifted its stake in shares of Vanguard FTSE Developed Markets ETF by 75.6% in 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 last quarter. Strategic Wealth Advisors LLC bought a new stake in Vanguard FTSE Developed Markets ETF in the fourth quarter worth $35,000. Quaker Wealth Management LLC increased its position in Vanguard FTSE Developed Markets ETF by 7,637.5% during the fourth quarter. Quaker Wealth Management LLC now owns 619 shares of the company’s stock worth $39,000 after buying an additional 611 shares during the last quarter. Finally, Tidemark LLC increased its position in Vanguard FTSE Developed Markets ETF by 80.9% during the fourth quarter. Tidemark LLC now owns 624 shares of the company’s stock worth $39,000 after buying an additional 279 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Trading Up 0.4%

NYSEARCA VEA traded up $0.26 during trading on Friday, hitting $70.99. 12,686,380 shares of the company traded hands, compared to its average volume of 16,395,793. Vanguard FTSE Developed Markets ETF has a 12 month low of $55.68 and a 12 month high of $73.23. The business has a fifty day simple moving average of $70.80 and a 200 day simple moving average of $67.69. The company has a market capitalization of $230.00 billion, a P/E ratio of 16.34 and a beta of 0.83.

About Vanguard FTSE Developed Markets ETF

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.