Navigate Wealth Management LLC Buys Shares of 26,704 Vanguard FTSE Developed Markets ETF $VEA

Navigate Wealth Management LLC acquired a new position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 26,704 shares of the company’s stock, valued at approximately $1,811,000. Vanguard FTSE Developed Markets ETF comprises approximately 1.3% of Navigate Wealth Management LLC’s holdings, making the stock its 21st largest position.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Buck Wealth Strategies LLC boosted its holdings in Vanguard FTSE Developed Markets ETF by 16.3% during the fourth quarter. Buck Wealth Strategies LLC now owns 364,560 shares of the company’s stock valued at $22,774,000 after acquiring an additional 51,187 shares during the period. Chesley Taft & Associates LLC increased its stake in shares of Vanguard FTSE Developed Markets ETF by 13.9% in the fourth quarter. Chesley Taft & Associates LLC now owns 331,150 shares of the company’s stock worth $20,687,000 after purchasing an additional 40,482 shares during the period. Green Ridge Wealth Planning LLC bought a new position in shares of Vanguard FTSE Developed Markets ETF in the fourth quarter worth about $15,031,000. Root Financial Partners LLC lifted its position in shares of Vanguard FTSE Developed Markets ETF by 27.1% during the 4th quarter. Root Financial Partners LLC now owns 97,303 shares of the company’s stock worth $6,079,000 after purchasing an additional 20,769 shares during the last quarter. Finally, Verus Advisory Inc. acquired a new position in shares of Vanguard FTSE Developed Markets ETF during the 4th quarter worth about $9,561,000.

Vanguard FTSE Developed Markets ETF Price Performance

VEA opened at $70.99 on Monday. The firm has a market capitalization of $230.00 billion, a P/E ratio of 16.34 and a beta of 0.83. The stock’s 50 day moving average price is $70.80 and its two-hundred day moving average price is $67.73. Vanguard FTSE Developed Markets ETF has a 12-month low of $55.68 and a 12-month high of $73.23.

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.