David Wealth Management LLC Acquires Shares of 10,360 Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

David Wealth Management LLC purchased a new stake in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) during the 4th quarter, HoldingsChannel.com reports. The institutional investor purchased 10,360 shares of the company’s stock, valued at approximately $495,000. Vanguard FTSE Developed Markets ETF comprises approximately 0.4% of David Wealth Management LLC’s portfolio, making the stock its 24th biggest holding.

A number of other large investors also recently modified their holdings of the business. Creative Planning grew its holdings in Vanguard FTSE Developed Markets ETF by 3.8% in the 3rd quarter. Creative Planning now owns 145,118,743 shares of the company’s stock worth $7,663,721,000 after buying an additional 5,341,481 shares in the last quarter. WealthNavi Inc. raised its position in Vanguard FTSE Developed Markets ETF by 5.6% in the third quarter. WealthNavi Inc. now owns 46,095,601 shares of the company’s stock worth $2,434,309,000 after acquiring an additional 2,436,012 shares in the last quarter. LPL Financial LLC boosted its position in shares of Vanguard FTSE Developed Markets ETF by 4.5% during the 3rd quarter. LPL Financial LLC now owns 22,283,298 shares of the company’s stock valued at $1,176,781,000 after purchasing an additional 954,457 shares in the last quarter. Captrust Financial Advisors grew its stake in shares of Vanguard FTSE Developed Markets ETF by 7.2% in the 3rd quarter. Captrust Financial Advisors now owns 16,431,983 shares of the company’s stock worth $867,773,000 after purchasing an additional 1,103,351 shares during the last quarter. Finally, Cerity Partners LLC raised its holdings in shares of Vanguard FTSE Developed Markets ETF by 12.4% in the 3rd quarter. Cerity Partners LLC now owns 15,432,650 shares of the company’s stock worth $814,998,000 after purchasing an additional 1,700,587 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Stock Performance

Shares of NYSEARCA:VEA opened at $50.73 on Wednesday. The company has a market capitalization of $132.91 billion, a PE ratio of 13.32 and a beta of 0.88. The stock has a fifty day moving average of $49.13 and a 200-day moving average of $50.23. Vanguard FTSE Developed Markets ETF has a one year low of $46.72 and a one year high of $53.40.

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.