Summit Wealth Partners LLC Purchases 12,001 Shares of Vanguard FTSE Developed Markets ETF $VEA

Summit Wealth Partners LLC raised its position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 75.4% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 27,917 shares of the company’s stock after buying an additional 12,001 shares during the quarter. Summit Wealth Partners LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $1,789,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of VEA. Auto Owners Insurance Co increased its position in Vanguard FTSE Developed Markets ETF by 6,941.5% during the fourth quarter. Auto Owners Insurance Co now owns 73,636,513 shares of the company’s stock worth $4,600,073,000 after acquiring an additional 72,590,763 shares during the period. Morgan Stanley boosted its holdings in Vanguard FTSE Developed Markets ETF by 44.0% in the 4th quarter. Morgan Stanley now owns 90,491,038 shares of the company’s stock valued at $5,652,975,000 after purchasing an additional 27,650,637 shares during the period. Corient Private Wealth LLC grew its position in shares of Vanguard FTSE Developed Markets ETF by 122.9% during the 2nd quarter. Corient Private Wealth LLC now owns 41,168,047 shares of the company’s stock worth $2,201,917,000 after purchasing an additional 22,700,179 shares in the last quarter. Moneta Group Investment Advisors LLC grew its position in Vanguard FTSE Developed Markets ETF by 904.9% during the third quarter. Moneta Group Investment Advisors LLC now owns 10,887,168 shares of the company’s stock worth $652,359,000 after buying an additional 9,803,737 shares in the last quarter. Finally, Jasper Ridge Partners L.P. increased its position in shares of Vanguard FTSE Developed Markets ETF by 35.6% in the third quarter. Jasper Ridge Partners L.P. now owns 20,757,883 shares of the company’s stock worth $1,243,812,000 after purchasing an additional 5,451,849 shares during the period.

Vanguard FTSE Developed Markets ETF Price Performance

Shares of VEA opened at $72.39 on Tuesday. Vanguard FTSE Developed Markets ETF has a one year low of $54.63 and a one year high of $73.23. The company has a market cap of $232.17 billion, a P/E ratio of 16.34 and a beta of 0.83. The firm has a 50 day simple moving average of $70.10 and a two-hundred day simple moving average of $66.88.

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.