Vanguard FTSE Developed Markets ETF $VEA Position Boosted by NewEdge Wealth LLC

NewEdge Wealth LLC grew its holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 24.0% during the first quarter, Holdings Channel.com reports. The firm owned 1,360,500 shares of the company’s stock after buying an additional 263,626 shares during the period. Vanguard FTSE Developed Markets ETF comprises about 1.0% of NewEdge Wealth LLC’s portfolio, making the stock its 17th biggest holding. NewEdge Wealth LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $87,181,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in VEA. Nova Wealth Management Inc. grew its position in 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 valued at $26,000 after purchasing an additional 253 shares in the last quarter. Strategic Wealth Advisors LLC acquired a new position in Vanguard FTSE Developed Markets ETF in the 4th quarter valued at approximately $35,000. Quaker Wealth Management LLC lifted its position 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 worth $39,000 after buying an additional 611 shares in the last quarter. Tidemark LLC lifted 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 in the last quarter. Finally, Strategic Advocates LLC boosted its stake in shares of Vanguard FTSE Developed Markets ETF by 66.1% during the 4th quarter. Strategic Advocates LLC now owns 623 shares of the company’s stock valued at $39,000 after buying an additional 248 shares during the period.

Vanguard FTSE Developed Markets ETF Stock Up 0.0%

Shares of NYSEARCA:VEA opened at $70.49 on Thursday. The firm has a fifty day moving average of $70.81 and a two-hundred day moving average of $68.15. Vanguard FTSE Developed Markets ETF has a 12-month low of $55.68 and a 12-month high of $73.23. The firm has a market capitalization of $228.38 billion, a P/E ratio of 16.34 and a beta of 0.83.

Vanguard FTSE Developed Markets ETF 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.