GFS Advisors LLC Takes Position in Vanguard FTSE Developed Markets ETF $VEA

GFS Advisors LLC acquired a new stake in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) during the 2nd quarter, Holdings Channel.com reports. The institutional investor acquired 8,159 shares of the company’s stock, valued at approximately $465,000.

Several other institutional investors have also recently modified their holdings of VEA. Wealthspire Advisors LLC increased its position in shares of Vanguard FTSE Developed Markets ETF by 110.7% during the 1st quarter. Wealthspire Advisors LLC now owns 22,514,780 shares of the company’s stock valued at $1,144,426,000 after purchasing an additional 11,830,891 shares during the last quarter. TFO Wealth Partners LLC bought a new position in Vanguard FTSE Developed Markets ETF during the 1st quarter worth approximately $222,710,000. Wit LLC grew its position in Vanguard FTSE Developed Markets ETF by 99,898.4% during the 1st quarter. Wit LLC now owns 4,020,934 shares of the company’s stock worth $204,384,000 after acquiring an additional 4,016,913 shares during the last quarter. SCS Capital Management LLC grew its position in Vanguard FTSE Developed Markets ETF by 48.0% during the 1st quarter. SCS Capital Management LLC now owns 10,411,294 shares of the company’s stock worth $529,206,000 after acquiring an additional 3,377,989 shares during the last quarter. Finally, RWA Wealth Partners LLC grew its position in Vanguard FTSE Developed Markets ETF by 20.6% during the 1st quarter. RWA Wealth Partners LLC now owns 13,542,589 shares of the company’s stock worth $688,370,000 after acquiring an additional 2,313,204 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Price Performance

VEA opened at $59.18 on Friday. The stock’s 50 day simple moving average is $59.22 and its 200 day simple moving average is $55.98. Vanguard FTSE Developed Markets ETF has a 1 year low of $45.14 and a 1 year high of $61.32. The firm has a market cap of $176.33 billion, a price-to-earnings ratio of 16.34 and a beta of 0.89.

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.