Mustard Seed Financial LLC Has $534,000 Position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Mustard Seed Financial LLC boosted its position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 6.6% in the 1st quarter, HoldingsChannel.com reports. The firm owned 10,507 shares of the company’s stock after buying an additional 648 shares during the period. Mustard Seed Financial LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $534,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Wealthspire Advisors LLC grew its stake in shares of Vanguard FTSE Developed Markets ETF by 110.7% in the first quarter. Wealthspire Advisors LLC now owns 22,514,780 shares of the company’s stock valued at $1,144,426,000 after acquiring an additional 11,830,891 shares in the last quarter. Bank of America Corp DE raised its stake in Vanguard FTSE Developed Markets ETF by 6.6% in the 4th quarter. Bank of America Corp DE now owns 175,393,114 shares of the company’s stock worth $8,387,299,000 after purchasing an additional 10,807,527 shares in the last quarter. Betterment LLC boosted its holdings in Vanguard FTSE Developed Markets ETF by 8.0% in the 4th quarter. Betterment LLC now owns 137,485,176 shares of the company’s stock valued at $6,574,541,000 after purchasing an additional 10,132,168 shares during the period. TFO Wealth Partners LLC bought a new stake in Vanguard FTSE Developed Markets ETF in the 1st quarter valued at about $222,710,000. Finally, Mercer Global Advisors Inc. ADV grew its position in shares of Vanguard FTSE Developed Markets ETF by 15.4% during the 4th quarter. Mercer Global Advisors Inc. ADV now owns 24,925,827 shares of the company’s stock worth $1,191,953,000 after purchasing an additional 3,324,648 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Trading Up 0.5%

Shares of VEA opened at $58.02 on Monday. Vanguard FTSE Developed Markets ETF has a 12 month low of $45.14 and a 12 month high of $58.52. The firm’s 50 day moving average is $56.71 and its 200-day moving average is $53.45. The stock has a market capitalization of $167.73 billion, a PE ratio of 16.34 and a beta of 0.89.

About Vanguard FTSE Developed Markets ETF

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.