49 Wealth Management LLC Has $28.01 Million Position in Vanguard FTSE Developed Markets ETF $VEA

49 Wealth Management LLC boosted its stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 16.4% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 491,251 shares of the company’s stock after purchasing an additional 69,293 shares during the period. Vanguard FTSE Developed Markets ETF comprises about 2.9% of 49 Wealth Management LLC’s holdings, making the stock its 11th largest holding. 49 Wealth Management LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $28,006,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently added to or reduced their stakes in VEA. TFO Wealth Partners LLC acquired a new position in shares of Vanguard FTSE Developed Markets ETF during the first quarter valued at about $222,710,000. Arkadios Wealth Advisors raised its holdings in shares of Vanguard FTSE Developed Markets ETF by 289.9% in the 1st quarter. Arkadios Wealth Advisors now owns 93,032 shares of the company’s stock worth $4,729,000 after acquiring an additional 69,173 shares during the last quarter. Fiduciary Alliance LLC lifted its position in Vanguard FTSE Developed Markets ETF by 3.5% in the 2nd quarter. Fiduciary Alliance LLC now owns 8,732 shares of the company’s stock valued at $498,000 after acquiring an additional 292 shares in the last quarter. Twelve Points Wealth Management LLC lifted its position in Vanguard FTSE Developed Markets ETF by 2.7% in the 2nd quarter. Twelve Points Wealth Management LLC now owns 19,660 shares of the company’s stock valued at $1,121,000 after acquiring an additional 508 shares in the last quarter. Finally, Wiser Wealth Management Inc boosted its stake in Vanguard FTSE Developed Markets ETF by 4.6% during the 2nd quarter. Wiser Wealth Management Inc now owns 585,007 shares of the company’s stock valued at $33,351,000 after purchasing an additional 25,814 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Stock Up 0.3%

Shares of NYSEARCA:VEA opened at $60.61 on Monday. The business’s 50 day moving average is $60.18 and its 200 day moving average is $57.65. Vanguard FTSE Developed Markets ETF has a 12-month low of $45.14 and a 12-month high of $61.80. The stock has a market cap of $180.59 billion, a price-to-earnings ratio of 16.34 and a beta of 0.87.

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.