Root Financial Partners LLC Purchases 40,643 Shares of Vanguard FTSE Developed Markets ETF $VEA

Root Financial Partners LLC boosted its position in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 113.2% in the third quarter, Holdings Channel reports. The fund owned 76,534 shares of the company’s stock after acquiring an additional 40,643 shares during the period. Root Financial Partners LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $4,586,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently bought and sold shares of the company. IFS Advisors LLC acquired a new position in shares of Vanguard FTSE Developed Markets ETF during the 2nd quarter worth about $35,000. Armstrong Advisory Group Inc. increased its position in Vanguard FTSE Developed Markets ETF by 210.1% in the 2nd quarter. Armstrong Advisory Group Inc. now owns 831 shares of the company’s stock worth $47,000 after buying an additional 563 shares during the period. Elevation Point Wealth Partners LLC bought a new position in Vanguard FTSE Developed Markets ETF in the 2nd quarter worth approximately $48,000. Kilter Group LLC acquired a new position in shares of Vanguard FTSE Developed Markets ETF during the second quarter worth approximately $49,000. Finally, Mid American Wealth Advisory Group Inc. bought a new stake in shares of Vanguard FTSE Developed Markets ETF in the second quarter valued at approximately $52,000.

Vanguard FTSE Developed Markets ETF Trading Up 0.3%

Shares of Vanguard FTSE Developed Markets ETF stock opened at $65.14 on Tuesday. Vanguard FTSE Developed Markets ETF has a 1 year low of $45.14 and a 1 year high of $65.18. The company’s fifty day simple moving average is $62.37 and its 200-day simple moving average is $60.24. The company has a market cap of $201.78 billion, a price-to-earnings ratio of 16.34 and a beta of 0.87.

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.