Nicholas Hoffman & Company LLC. Increases Position in Vanguard FTSE Developed Markets ETF $VEA

Nicholas Hoffman & Company LLC. boosted its holdings in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 0.8% during the 1st quarter, HoldingsChannel.com reports. The fund owned 12,874,922 shares of the company’s stock after purchasing an additional 106,128 shares during the period. Vanguard FTSE Developed Markets ETF accounts for approximately 19.0% of Nicholas Hoffman & Company LLC.’s portfolio, making the stock its 2nd biggest position. Nicholas Hoffman & Company LLC.’s holdings in Vanguard FTSE Developed Markets ETF were worth $825,025,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Nova Wealth Management Inc. raised its position in shares of Vanguard FTSE Developed Markets ETF by 151.5% during the fourth quarter. Nova Wealth Management Inc. now owns 420 shares of the company’s stock worth $26,000 after purchasing an additional 253 shares during the period. Ulland Investment Advisors LLC grew its position in shares of Vanguard FTSE Developed Markets ETF by 75.6% in the 3rd quarter. Ulland Investment Advisors LLC now owns 562 shares of the company’s stock valued at $34,000 after purchasing an additional 242 shares during the period. Strategic Wealth Advisors LLC bought a new stake in Vanguard FTSE Developed Markets ETF during the 4th quarter worth approximately $35,000. Quaker Wealth Management LLC increased its stake in Vanguard FTSE Developed Markets ETF by 7,637.5% during the 4th quarter. Quaker Wealth Management LLC now owns 619 shares of the company’s stock worth $39,000 after purchasing an additional 611 shares in the last quarter. Finally, Tidemark LLC raised its holdings in Vanguard FTSE Developed Markets ETF by 80.9% during the 4th quarter. Tidemark LLC now owns 624 shares of the company’s stock worth $39,000 after buying an additional 279 shares during the period.

Vanguard FTSE Developed Markets ETF Stock Performance

Shares of VEA opened at $70.78 on Wednesday. Vanguard FTSE Developed Markets ETF has a twelve month low of $55.68 and a twelve month high of $73.23. The firm’s 50 day moving average price is $70.62 and its two-hundred day moving average price is $67.55. The firm has a market cap of $229.32 billion, a P/E ratio of 16.34 and a beta of 0.83.

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.