Zhang Financial LLC Grows Stock Holdings in Vanguard FTSE Developed Markets ETF $VEA

Zhang Financial LLC grew its stake in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 3.7% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 314,532 shares of the company’s stock after purchasing an additional 11,210 shares during the period. Zhang Financial LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $19,649,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. Nova Wealth Management Inc. boosted its stake in shares of Vanguard FTSE Developed Markets ETF by 151.5% during the 4th 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. GGM Financials LLC bought a new stake in shares of Vanguard FTSE Developed Markets ETF during the 3rd quarter valued at about $27,000. Ulland Investment Advisors LLC boosted its stake in shares of Vanguard FTSE Developed Markets ETF by 75.6% during the 3rd quarter. Ulland Investment Advisors LLC now owns 562 shares of the company’s stock valued at $34,000 after purchasing an additional 242 shares in the last quarter. Strategic Wealth Advisors LLC bought a new stake in shares of Vanguard FTSE Developed Markets ETF during the 4th quarter valued at about $35,000. Finally, Cloud Capital Management LLC bought a new stake in shares of Vanguard FTSE Developed Markets ETF during the 3rd quarter valued at about $37,000.

Vanguard FTSE Developed Markets ETF Trading Up 0.4%

Shares of VEA opened at $71.66 on Friday. The firm’s 50-day moving average price is $67.67 and its 200-day moving average price is $65.62. The firm has a market capitalization of $229.83 billion, a price-to-earnings ratio of 16.34 and a beta of 0.83. Vanguard FTSE Developed Markets ETF has a 1-year low of $54.63 and a 1-year high of $71.88.

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.