Vanguard FTSE Developed Markets ETF $VEA is Clark Asset Management LLC’s Largest Position

Clark Asset Management LLC grew its stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 9.5% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 2,181,395 shares of the company’s stock after acquiring an additional 189,438 shares during the quarter. Vanguard FTSE Developed Markets ETF accounts for 15.2% of Clark Asset Management LLC’s portfolio, making the stock its biggest holding. Clark Asset Management LLC owned about 0.07% of Vanguard FTSE Developed Markets ETF worth $130,709,000 as of its most recent filing with the Securities and Exchange Commission.

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

Vanguard FTSE Developed Markets ETF Trading Down 0.1%

VEA stock opened at $62.72 on Tuesday. The stock’s 50 day simple moving average is $61.45 and its 200 day simple moving average is $59.42. Vanguard FTSE Developed Markets ETF has a 12-month low of $45.14 and a 12-month high of $63.08. The stock has a market capitalization of $186.88 billion, a PE 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.