Worth Asset Management LLC Buys 47,535 Shares of Vanguard FTSE Developed Markets ETF $VEA

Worth Asset Management LLC raised its stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 627.4% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 55,111 shares of the company’s stock after buying an additional 47,535 shares during the quarter. Vanguard FTSE Developed Markets ETF accounts for about 1.3% of Worth Asset Management LLC’s portfolio, making the stock its 13th largest position. Worth Asset Management LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $3,532,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in VEA. Buck Wealth Strategies LLC raised its position in shares of Vanguard FTSE Developed Markets ETF by 16.3% during the fourth quarter. Buck Wealth Strategies LLC now owns 364,560 shares of the company’s stock worth $22,774,000 after purchasing an additional 51,187 shares during the period. Chesley Taft & Associates LLC grew its position in shares of Vanguard FTSE Developed Markets ETF by 13.9% in the 4th quarter. Chesley Taft & Associates LLC now owns 331,150 shares of the company’s stock valued at $20,687,000 after purchasing an additional 40,482 shares during the period. Green Ridge Wealth Planning LLC acquired a new position in shares of Vanguard FTSE Developed Markets ETF in the 4th quarter valued at approximately $15,031,000. Root Financial Partners LLC increased its stake in Vanguard FTSE Developed Markets ETF by 27.1% during the 4th quarter. Root Financial Partners LLC now owns 97,303 shares of the company’s stock worth $6,079,000 after purchasing an additional 20,769 shares in the last quarter. Finally, Eastern Bank increased its stake in Vanguard FTSE Developed Markets ETF by 3.5% during the 4th quarter. Eastern Bank now owns 2,427,295 shares of the company’s stock worth $151,633,000 after purchasing an additional 81,764 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Stock Performance

Shares of VEA stock opened at $72.39 on Tuesday. The company has a market capitalization of $232.17 billion, a P/E ratio of 16.34 and a beta of 0.83. The company’s 50 day moving average price is $70.10 and its two-hundred day moving average price is $66.88. Vanguard FTSE Developed Markets ETF has a 52 week low of $54.63 and a 52 week high of $73.23.

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.