Absher Wealth Management LLC Takes Position in Vanguard FTSE Developed Markets ETF $VEA

Absher Wealth Management LLC purchased a new stake in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 10,587 shares of the company’s stock, valued at approximately $634,000.

A number of other hedge funds have also bought and sold shares of the business. Bank of America Corp DE boosted its holdings in shares of Vanguard FTSE Developed Markets ETF by 3.0% in the 2nd quarter. Bank of America Corp DE now owns 194,545,244 shares of the company’s stock worth $11,091,024,000 after buying an additional 5,747,233 shares during the last quarter. Envestnet Asset Management Inc. lifted its stake in Vanguard FTSE Developed Markets ETF by 1.0% in the second quarter. Envestnet Asset Management Inc. now owns 99,706,551 shares of the company’s stock valued at $5,684,072,000 after purchasing an additional 958,633 shares during the last quarter. WealthNavi Inc. increased its position in Vanguard FTSE Developed Markets ETF by 1.1% in the third quarter. WealthNavi Inc. now owns 48,797,610 shares of the company’s stock worth $2,923,953,000 after buying an additional 549,899 shares during the last quarter. Corient Private Wealth LLC raised its stake in shares of Vanguard FTSE Developed Markets ETF by 122.9% in the second quarter. Corient Private Wealth LLC now owns 41,168,047 shares of the company’s stock valued at $2,201,917,000 after buying an additional 22,700,179 shares during the period. Finally, Captrust Financial Advisors grew its stake in shares of Vanguard FTSE Developed Markets ETF by 20.9% during the 2nd quarter. Captrust Financial Advisors now owns 24,996,434 shares of the company’s stock worth $1,425,044,000 after acquiring an additional 4,314,597 shares during the period.

Vanguard FTSE Developed Markets ETF Stock Performance

Shares of Vanguard FTSE Developed Markets ETF stock opened at $64.14 on Wednesday. The stock has a market capitalization of $194.31 billion, a P/E ratio of 16.34 and a beta of 0.87. Vanguard FTSE Developed Markets ETF has a 52-week low of $45.14 and a 52-week high of $64.19. The stock’s 50-day simple moving average is $61.69 and its 200 day simple moving average is $59.73.

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.