Powers Advisory Group LLC Has $545,000 Stake in Vanguard FTSE Developed Markets ETF $VEA

Powers Advisory Group LLC grew its stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 115.5% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 9,552 shares of the company’s stock after purchasing an additional 5,119 shares during the period. Powers Advisory Group LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $545,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of VEA. Brighton Jones LLC grew its position in Vanguard FTSE Developed Markets ETF by 79.2% in the 4th quarter. Brighton Jones LLC now owns 243,622 shares of the company’s stock worth $11,650,000 after purchasing an additional 107,649 shares during the last quarter. Revolve Wealth Partners LLC grew its position in Vanguard FTSE Developed Markets ETF by 47.3% in the 4th quarter. Revolve Wealth Partners LLC now owns 123,485 shares of the company’s stock worth $5,905,000 after purchasing an additional 39,653 shares during the last quarter. GAMMA Investing LLC grew its position in Vanguard FTSE Developed Markets ETF by 7,189.1% in the 1st quarter. GAMMA Investing LLC now owns 1,474,578 shares of the company’s stock worth $74,953,000 after purchasing an additional 1,454,348 shares during the last quarter. Fiduciary Alliance LLC acquired a new stake in Vanguard FTSE Developed Markets ETF in the 1st quarter worth $429,000. Finally, Elevation Wealth Partners LLC grew its position in Vanguard FTSE Developed Markets ETF by 0.4% in the 1st quarter. Elevation Wealth Partners LLC now owns 56,322 shares of the company’s stock worth $2,863,000 after purchasing an additional 206 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Stock Performance

NYSEARCA:VEA opened at $59.92 on Wednesday. The company has a 50-day moving average of $58.69 and a 200-day moving average of $55.53. The company has a market capitalization of $172.15 billion, a price-to-earnings ratio of 16.34 and a beta of 0.89. Vanguard FTSE Developed Markets ETF has a 52 week low of $45.14 and a 52 week high of $60.51.

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.