Vanguard FTSE Developed Markets ETF $VEA Position Lifted by Founders Financial Securities LLC

Founders Financial Securities LLC lifted its stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 7.8% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 533,390 shares of the company’s stock after acquiring an additional 38,374 shares during the period. Vanguard FTSE Developed Markets ETF accounts for 2.2% of Founders Financial Securities LLC’s portfolio, making the stock its 5th largest position. Founders Financial Securities LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $31,961,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently made changes to their positions in the stock. IFS Advisors LLC bought a new position in Vanguard FTSE Developed Markets ETF in the second quarter worth about $35,000. Armstrong Advisory Group Inc. boosted its holdings in shares of Vanguard FTSE Developed Markets ETF by 210.1% in the 2nd quarter. Armstrong Advisory Group Inc. now owns 831 shares of the company’s stock valued at $47,000 after buying an additional 563 shares in the last quarter. Elevation Point Wealth Partners LLC purchased a new position in shares of Vanguard FTSE Developed Markets ETF in the 2nd quarter worth approximately $48,000. Kilter Group LLC bought a new position in shares of Vanguard FTSE Developed Markets ETF during the 2nd quarter worth approximately $49,000. Finally, Mid American Wealth Advisory Group Inc. bought a new position in shares of Vanguard FTSE Developed Markets ETF during the 2nd quarter worth approximately $52,000.

Vanguard FTSE Developed Markets ETF Stock Up 0.7%

Shares of VEA opened at $62.54 on Wednesday. The company has a market cap of $186.34 billion, a price-to-earnings ratio of 16.34 and a beta of 0.87. Vanguard FTSE Developed Markets ETF has a twelve month low of $45.14 and a twelve month high of $63.08. The company has a 50 day moving average of $61.29 and a two-hundred day moving average of $59.25.

Vanguard FTSE Developed Markets ETF Company 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.