Sax Wealth Advisors LLC Increases Stock Position in Vanguard FTSE Developed Markets ETF $VEA

Sax Wealth Advisors LLC boosted its position in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 148.3% during the 2nd quarter, Holdings Channel reports. The institutional investor owned 316,001 shares of the company’s stock after acquiring an additional 188,722 shares during the period. Vanguard FTSE Developed Markets ETF makes up approximately 0.8% of Sax Wealth Advisors LLC’s portfolio, making the stock its 22nd largest position. Sax Wealth Advisors LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $22,515,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in VEA. Strategic Wealth Advisors LLC purchased a new stake in shares of Vanguard FTSE Developed Markets ETF during the 4th quarter worth about $35,000. Quaker Wealth Management LLC increased its stake in shares of Vanguard FTSE Developed Markets ETF by 7,637.5% in the 4th quarter. Quaker Wealth Management LLC now owns 619 shares of the company’s stock valued at $39,000 after purchasing an additional 611 shares in the last quarter. Scarborough Advisors LLC acquired a new position in Vanguard FTSE Developed Markets ETF in the 1st quarter worth about $40,000. Strategic Advocates LLC raised its holdings in Vanguard FTSE Developed Markets ETF by 66.1% in the 4th quarter. Strategic Advocates LLC now owns 623 shares of the company’s stock worth $39,000 after purchasing an additional 248 shares during the period. Finally, Tidemark LLC boosted its position in Vanguard FTSE Developed Markets ETF by 80.9% during the fourth quarter. Tidemark LLC now owns 624 shares of the company’s stock worth $39,000 after purchasing an additional 279 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Trading Up 1.1%

Shares of VEA stock opened at $72.89 on Friday. Vanguard FTSE Developed Markets ETF has a 12-month low of $57.72 and a 12-month high of $73.23. The business’s 50 day moving average is $70.89 and its two-hundred day moving average is $68.67. The company has a market capitalization of $236.16 billion, a P/E ratio of 16.34 and a beta of 0.83.

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.