NewEdge Wealth LLC Acquires 850,579 Shares of Vanguard FTSE Developed Markets ETF $VEA

NewEdge Wealth LLC boosted its holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 345.3% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,096,874 shares of the company’s stock after purchasing an additional 850,579 shares during the period. Vanguard FTSE Developed Markets ETF makes up 0.8% of NewEdge Wealth LLC’s portfolio, making the stock its 26th largest position. NewEdge Wealth LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $68,522,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Brandywine Oak Private Wealth LLC grew its stake in shares of Vanguard FTSE Developed Markets ETF by 1.5% during the fourth quarter. Brandywine Oak Private Wealth LLC now owns 123,701 shares of the company’s stock valued at $7,728,000 after buying an additional 1,853 shares during the last quarter. Vectors Research Management LLC lifted its stake in shares of Vanguard FTSE Developed Markets ETF by 3.6% in the 4th quarter. Vectors Research Management LLC now owns 119,009 shares of the company’s stock valued at $7,434,000 after acquiring an additional 4,172 shares during the last quarter. Washington Trust Advisors Inc. lifted its stake in shares of Vanguard FTSE Developed Markets ETF by 3.6% in the 4th quarter. Washington Trust Advisors Inc. now owns 61,630 shares of the company’s stock valued at $3,850,000 after acquiring an additional 2,142 shares during the last quarter. Farmers & Merchants Investments Inc. boosted its holdings in Vanguard FTSE Developed Markets ETF by 5.5% during the 4th quarter. Farmers & Merchants Investments Inc. now owns 3,549,570 shares of the company’s stock valued at $221,742,000 after acquiring an additional 185,456 shares during the period. Finally, Legacy Wealth Managment LLC ID boosted its holdings in Vanguard FTSE Developed Markets ETF by 84.0% during the 4th quarter. Legacy Wealth Managment LLC ID now owns 3,316 shares of the company’s stock valued at $207,000 after acquiring an additional 1,514 shares during the period.

Vanguard FTSE Developed Markets ETF Price Performance

VEA opened at $70.83 on Friday. The stock’s 50 day simple moving average is $66.56 and its 200 day simple moving average is $64.62. The firm has a market cap of $227.17 billion, a price-to-earnings ratio of 16.34 and a beta of 0.83. Vanguard FTSE Developed Markets ETF has a 1 year low of $53.51 and a 1 year high of $71.12.

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.