Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) Position Boosted by World Equity Group Inc.

World Equity Group Inc. raised its position in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 208.3% in the fourth quarter, HoldingsChannel.com reports. The firm owned 115,610 shares of the company’s stock after buying an additional 78,110 shares during the period. Vanguard FTSE Developed Markets ETF comprises about 1.2% of World Equity Group Inc.’s investment portfolio, making the stock its 15th biggest holding. World Equity Group Inc.’s holdings in Vanguard FTSE Developed Markets ETF were worth $5,529,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in VEA. LPL Financial LLC raised its holdings in shares of Vanguard FTSE Developed Markets ETF by 4.5% during the third quarter. LPL Financial LLC now owns 22,283,298 shares of the company’s stock worth $1,176,781,000 after acquiring an additional 954,457 shares in the last quarter. Captrust Financial Advisors increased its position in Vanguard FTSE Developed Markets ETF by 7.2% during the third quarter. Captrust Financial Advisors now owns 16,431,983 shares of the company’s stock worth $867,773,000 after buying an additional 1,103,351 shares during the last quarter. Cerity Partners LLC grew its position in shares of Vanguard FTSE Developed Markets ETF by 12.4% in the third quarter. Cerity Partners LLC now owns 15,432,650 shares of the company’s stock valued at $814,998,000 after purchasing an additional 1,700,587 shares during the last quarter. Valmark Advisers Inc. grew its position in shares of Vanguard FTSE Developed Markets ETF by 6.0% in the fourth quarter. Valmark Advisers Inc. now owns 11,643,989 shares of the company’s stock valued at $556,816,000 after purchasing an additional 659,713 shares during the last quarter. Finally, Strategic Financial Concepts LLC grew its position in shares of Vanguard FTSE Developed Markets ETF by 5,780.9% in the fourth quarter. Strategic Financial Concepts LLC now owns 10,808,939 shares of the company’s stock valued at $516,883,000 after purchasing an additional 10,625,142 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Stock Down 0.7 %

VEA stock opened at $51.24 on Friday. Vanguard FTSE Developed Markets ETF has a twelve month low of $46.79 and a twelve month high of $53.40. The company has a market cap of $134.25 billion, a PE ratio of 13.32 and a beta of 0.88. The business’s 50-day simple moving average is $49.29 and its 200 day simple moving average is $50.35.

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.