LPL Financial LLC Increases Stock Position in Vanguard FTSE Developed Markets ETF $VEA

LPL Financial LLC increased its position in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 0.3% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 28,541,648 shares of the company’s stock after buying an additional 90,342 shares during the period. LPL Financial LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $1,782,997,000 as of its most recent filing with the SEC.

Other hedge funds have also recently added to or reduced their stakes in the company. Nova Wealth Management Inc. boosted its holdings in Vanguard FTSE Developed Markets ETF by 151.5% during the fourth quarter. Nova Wealth Management Inc. now owns 420 shares of the company’s stock worth $26,000 after buying an additional 253 shares in the last quarter. GGM Financials LLC purchased a new stake in Vanguard FTSE Developed Markets ETF during the third quarter worth $27,000. Ulland Investment Advisors LLC boosted its holdings in Vanguard FTSE Developed Markets ETF by 75.6% during the third quarter. Ulland Investment Advisors LLC now owns 562 shares of the company’s stock worth $34,000 after buying an additional 242 shares in the last quarter. Strategic Wealth Advisors LLC purchased a new stake in Vanguard FTSE Developed Markets ETF during the fourth quarter worth $35,000. Finally, Quaker Wealth Management LLC boosted its holdings in Vanguard FTSE Developed Markets ETF by 7,637.5% during the fourth quarter. Quaker Wealth Management LLC now owns 619 shares of the company’s stock worth $39,000 after buying an additional 611 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Stock Performance

Shares of NYSEARCA VEA opened at $69.17 on Monday. The company’s fifty day moving average price is $68.61 and its 200 day moving average price is $66.04. Vanguard FTSE Developed Markets ETF has a 1 year low of $54.63 and a 1 year high of $72.32. The company has a market capitalization of $221.85 billion, a PE ratio of 16.34 and a beta of 0.83.

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.