Sequoia Financial Advisors LLC Purchases 29,974 Shares of Vanguard FTSE Developed Markets ETF $VEA

Sequoia Financial Advisors LLC boosted its position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 3.2% during the first quarter, HoldingsChannel.com reports. The institutional investor owned 956,431 shares of the company’s stock after acquiring an additional 29,974 shares during the quarter. Sequoia Financial Advisors LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $61,288,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Nova Wealth Management Inc. grew its position in shares of Vanguard FTSE Developed Markets ETF by 151.5% in the fourth quarter. Nova Wealth Management Inc. now owns 420 shares of the company’s stock valued at $26,000 after purchasing an additional 253 shares during the last quarter. Ulland Investment Advisors LLC boosted its stake in Vanguard FTSE Developed Markets ETF by 75.6% during 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 acquired a new stake in Vanguard FTSE Developed Markets ETF in the 4th quarter valued at approximately $35,000. Quaker Wealth Management LLC grew its holdings in Vanguard FTSE Developed Markets ETF by 7,637.5% in the 4th quarter. Quaker Wealth Management LLC now owns 619 shares of the company’s stock valued at $39,000 after buying an additional 611 shares during the last quarter. Finally, Tidemark LLC increased its position in Vanguard FTSE Developed Markets ETF by 80.9% in 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 Up 0.4%

Shares of VEA stock traded up $0.26 during trading hours on Friday, reaching $70.99. 12,686,380 shares of the company’s stock were exchanged, compared to its average volume of 16,395,793. Vanguard FTSE Developed Markets ETF has a fifty-two week low of $55.68 and a fifty-two week high of $73.23. The stock has a market capitalization of $230.00 billion, a P/E ratio of 16.34 and a beta of 0.83. The business has a fifty day moving average price of $70.80 and a 200-day moving average price of $67.69.

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.