Napa Wealth Management Purchases Shares of 5,454 Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Napa Wealth Management purchased a new stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 5,454 shares of the company’s stock, valued at approximately $261,000.

Other hedge funds also recently added to or reduced their stakes in the company. Brooklyn FI LLC boosted its holdings in shares of Vanguard FTSE Developed Markets ETF by 6,702.3% in the fourth quarter. Brooklyn FI LLC now owns 35,997,541 shares of the company’s stock valued at $1,806,348,000 after acquiring an additional 35,468,345 shares during the period. Raymond James Financial Inc. acquired a new stake in shares of Vanguard FTSE Developed Markets ETF in the fourth quarter valued at approximately $563,154,000. Bank of America Corp DE boosted its holdings in shares of Vanguard FTSE Developed Markets ETF by 6.6% in the fourth quarter. Bank of America Corp DE now owns 175,393,114 shares of the company’s stock valued at $8,387,299,000 after acquiring an additional 10,807,527 shares during the period. Strategic Financial Concepts LLC boosted its holdings in shares of Vanguard FTSE Developed Markets ETF by 5,780.9% in the fourth quarter. Strategic Financial Concepts LLC now owns 10,808,939 shares of the company’s stock valued at $516,883,000 after acquiring an additional 10,625,142 shares during the period. Finally, Betterment LLC boosted its holdings in shares of Vanguard FTSE Developed Markets ETF by 8.0% in the fourth quarter. Betterment LLC now owns 137,485,176 shares of the company’s stock valued at $6,574,541,000 after acquiring an additional 10,132,168 shares during the period.

Vanguard FTSE Developed Markets ETF Trading Up 0.2%

VEA stock opened at $54.03 on Wednesday. The company has a market capitalization of $153.99 billion, a P/E ratio of 16.25 and a beta of 0.88. Vanguard FTSE Developed Markets ETF has a twelve month low of $45.14 and a twelve month high of $54.33. The business has a 50 day simple moving average of $51.33 and a 200-day simple moving average of $50.33.

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.