Davis R M Inc. Has $166.03 Million Stake in Vanguard FTSE Developed Markets ETF $VEA

Davis R M Inc. boosted its stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 4.4% during the 1st quarter, HoldingsChannel reports. The fund owned 2,590,950 shares of the company’s stock after buying an additional 108,665 shares during the period. Vanguard FTSE Developed Markets ETF comprises 2.9% of Davis R M Inc.’s portfolio, making the stock its 8th largest position. Davis R M Inc.’s holdings in Vanguard FTSE Developed Markets ETF were worth $166,028,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in the stock. Lido Advisors LLC increased its position in shares of Vanguard FTSE Developed Markets ETF by 1.8% in the 1st quarter. Lido Advisors LLC now owns 1,272,621 shares of the company’s stock worth $81,550,000 after purchasing an additional 22,688 shares during the last quarter. Cetera Investment Advisers lifted its position in shares of Vanguard FTSE Developed Markets ETF by 1.0% during the first quarter. Cetera Investment Advisers now owns 7,762,066 shares of the company’s stock worth $497,393,000 after purchasing an additional 77,930 shares during the last quarter. Wealthspire Retirement LLC lifted its position in shares of Vanguard FTSE Developed Markets ETF by 4.0% during the first quarter. Wealthspire Retirement LLC now owns 367,887 shares of the company’s stock worth $23,574,000 after purchasing an additional 14,228 shares during the last quarter. Aureus Asset Management LLC grew its stake in Vanguard FTSE Developed Markets ETF by 44.1% in the first quarter. Aureus Asset Management LLC now owns 56,286 shares of the company’s stock worth $3,607,000 after purchasing an additional 17,221 shares in the last quarter. Finally, Dynamic Wealth Strategies LLC grew its stake in Vanguard FTSE Developed Markets ETF by 6.7% in the first quarter. Dynamic Wealth Strategies LLC now owns 95,157 shares of the company’s stock worth $6,098,000 after purchasing an additional 5,946 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Stock Up 0.0%

Shares of Vanguard FTSE Developed Markets ETF stock opened at $70.49 on Thursday. The firm has a market cap of $228.38 billion, a P/E ratio of 16.34 and a beta of 0.83. Vanguard FTSE Developed Markets ETF has a fifty-two week low of $55.68 and a fifty-two week high of $73.23. The business has a 50-day moving average price of $70.81 and a 200 day moving average price of $68.15.

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.