Clarity Wealth Development LLC Takes $9.46 Million Position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Clarity Wealth Development LLC acquired a new stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 189,452 shares of the company’s stock, valued at approximately $9,461,000. Vanguard FTSE Developed Markets ETF comprises 10.3% of Clarity Wealth Development LLC’s portfolio, making the stock its 3rd biggest position.

Other hedge funds have also made changes to their positions in the company. Kozak & Associates Inc. increased its holdings in shares of Vanguard FTSE Developed Markets ETF by 268.0% in the 4th quarter. Kozak & Associates Inc. now owns 563 shares of the company’s stock valued at $27,000 after acquiring an additional 410 shares during the last quarter. Decker Retirement Planning Inc. purchased a new position in shares of Vanguard FTSE Developed Markets ETF in the 4th quarter valued at about $29,000. Keystone Financial Group Inc. purchased a new position in shares of Vanguard FTSE Developed Markets ETF in the 4th quarter valued at about $32,000. Crews Bank & Trust purchased a new position in Vanguard FTSE Developed Markets ETF during the 4th quarter worth approximately $37,000. Finally, Farmers & Merchants Trust Co of Chambersburg PA grew its stake in Vanguard FTSE Developed Markets ETF by 44.2% during the 4th quarter. Farmers & Merchants Trust Co of Chambersburg PA now owns 777 shares of the company’s stock worth $37,000 after buying an additional 238 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Stock Up 1.2 %

NYSEARCA:VEA opened at $52.82 on Tuesday. The stock’s 50 day moving average price is $50.39 and its 200 day moving average price is $50.45. The company has a market capitalization of $148.42 billion, a PE ratio of 16.97 and a beta of 0.92. Vanguard FTSE Developed Markets ETF has a 52-week low of $46.80 and a 52-week high of $53.40.

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.