JNBA Financial Advisors Has $27.45 Million Holdings in Vanguard FTSE Developed Markets ETF $VEA

JNBA Financial Advisors boosted its position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 5.7% in the 2nd quarter, Holdings Channel reports. The firm owned 481,406 shares of the company’s stock after buying an additional 25,826 shares during the quarter. Vanguard FTSE Developed Markets ETF accounts for approximately 2.6% of JNBA Financial Advisors’ portfolio, making the stock its 9th biggest position. JNBA Financial Advisors’ holdings in Vanguard FTSE Developed Markets ETF were worth $27,445,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in the company. SLT Holdings LLC bought a new stake in Vanguard FTSE Developed Markets ETF in the second quarter worth about $290,000. KFA Private Wealth Group LLC lifted its stake in Vanguard FTSE Developed Markets ETF by 21.8% in the second quarter. KFA Private Wealth Group LLC now owns 12,057 shares of the company’s stock worth $687,000 after purchasing an additional 2,156 shares during the last quarter. Von Berge Wealth Management Group LLC lifted its stake in Vanguard FTSE Developed Markets ETF by 2.1% in the second quarter. Von Berge Wealth Management Group LLC now owns 181,751 shares of the company’s stock worth $10,411,000 after purchasing an additional 3,816 shares during the last quarter. Eastern Bank lifted its stake in Vanguard FTSE Developed Markets ETF by 2.4% in the second quarter. Eastern Bank now owns 2,211,554 shares of the company’s stock worth $126,081,000 after purchasing an additional 52,400 shares during the last quarter. Finally, Lmcg Investments LLC lifted its stake in Vanguard FTSE Developed Markets ETF by 1.6% in the second quarter. Lmcg Investments LLC now owns 72,501 shares of the company’s stock worth $4,133,000 after purchasing an additional 1,135 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Stock Performance

Vanguard FTSE Developed Markets ETF stock opened at $59.18 on Friday. The company has a 50 day moving average price of $59.22 and a 200-day moving average price of $55.95. Vanguard FTSE Developed Markets ETF has a fifty-two week low of $45.14 and a fifty-two week high of $61.32. The company has a market capitalization of $176.33 billion, a PE ratio of 16.34 and a beta of 0.89.

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.