Vanguard FTSE Developed Markets ETF $VEA Shares Purchased by Texas Capital Bank Wealth Management Services Inc

Texas Capital Bank Wealth Management Services Inc lifted its stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 26.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 345,687 shares of the company’s stock after purchasing an additional 72,043 shares during the quarter. Vanguard FTSE Developed Markets ETF comprises about 1.2% of Texas Capital Bank Wealth Management Services Inc’s holdings, making the stock its 14th largest holding. Texas Capital Bank Wealth Management Services Inc’s holdings in Vanguard FTSE Developed Markets ETF were worth $21,595,000 as of its most recent filing with the SEC.

Several other hedge funds also recently added to or reduced their stakes in VEA. Nova Wealth Management Inc. grew its position in 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 worth $26,000 after acquiring an additional 253 shares during the period. GGM Financials LLC purchased a new position in Vanguard FTSE Developed Markets ETF in the third quarter worth approximately $27,000. Ulland Investment Advisors LLC grew its position in Vanguard FTSE Developed Markets ETF by 75.6% in the third quarter. Ulland Investment Advisors LLC now owns 562 shares of the company’s stock worth $34,000 after acquiring an additional 242 shares during the period. Strategic Wealth Advisors LLC purchased a new position in Vanguard FTSE Developed Markets ETF in the fourth quarter worth approximately $35,000. Finally, Cloud Capital Management LLC purchased a new position in Vanguard FTSE Developed Markets ETF in the third quarter worth approximately $37,000.

Vanguard FTSE Developed Markets ETF Stock Down 0.5%

VEA opened at $71.41 on Thursday. Vanguard FTSE Developed Markets ETF has a 52 week low of $54.63 and a 52 week high of $71.88. The business has a fifty day simple moving average of $67.54 and a 200-day simple moving average of $65.54. The firm has a market cap of $229.03 billion, a P/E ratio of 16.34 and a beta of 0.83.

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.