Burling Wealth Partners LLC Makes New Investment in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Burling Wealth Partners LLC purchased a new stake in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 49,892 shares of the company’s stock, valued at approximately $2,386,000.

Several other institutional investors and hedge funds have also modified their holdings of VEA. Envestnet Asset Management Inc. boosted its stake in shares of Vanguard FTSE Developed Markets ETF by 1.7% during the 4th quarter. Envestnet Asset Management Inc. now owns 98,087,890 shares of the company’s stock worth $4,690,563,000 after acquiring an additional 1,599,089 shares in the last quarter. Wells Fargo & Company MN lifted its holdings in Vanguard FTSE Developed Markets ETF by 4.0% in the 4th quarter. Wells Fargo & Company MN now owns 65,258,786 shares of the company’s stock worth $3,120,675,000 after purchasing an additional 2,488,154 shares during the last quarter. WealthNavi Inc. boosted its position in Vanguard FTSE Developed Markets ETF by 7.2% during the fourth quarter. WealthNavi Inc. now owns 49,426,996 shares of the company’s stock worth $2,363,599,000 after purchasing an additional 3,331,395 shares during the period. Brooklyn FI LLC boosted its position in Vanguard FTSE Developed Markets ETF by 6,702.3% during the fourth quarter. Brooklyn FI LLC now owns 35,997,541 shares of the company’s stock worth $1,806,348,000 after purchasing an additional 35,468,345 shares during the period. Finally, Mariner LLC lifted its stake in shares of Vanguard FTSE Developed Markets ETF by 3.0% in the fourth quarter. Mariner LLC now owns 28,664,739 shares of the company’s stock worth $1,370,747,000 after buying an additional 825,030 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Trading Up 0.3 %

NYSEARCA:VEA opened at $51.65 on Thursday. The firm has a market capitalization of $146.69 billion, a PE ratio of 15.69 and a beta of 0.86. Vanguard FTSE Developed Markets ETF has a 1 year low of $45.14 and a 1 year high of $53.40. The firm’s fifty day simple moving average is $50.85 and its 200 day simple moving average is $50.16.

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.