Valmark Advisers Inc. Buys 293,718 Shares of Vanguard FTSE Developed Markets ETF $VEA

Valmark Advisers Inc. boosted its stake in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 2.6% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 11,756,315 shares of the company’s stock after buying an additional 293,718 shares during the quarter. Vanguard FTSE Developed Markets ETF accounts for 9.1% of Valmark Advisers Inc.’s investment portfolio, making the stock its biggest position. Valmark Advisers Inc.’s holdings in Vanguard FTSE Developed Markets ETF were worth $704,438,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. 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 valued at $11,091,024,000 after buying an additional 5,747,233 shares during the last quarter. Envestnet Asset Management Inc. increased its holdings in Vanguard FTSE Developed Markets ETF by 1.0% during the second quarter. Envestnet Asset Management Inc. now owns 99,706,551 shares of the company’s stock worth $5,684,072,000 after buying an additional 958,633 shares during the last quarter. WealthNavi Inc. raised its position in Vanguard FTSE Developed Markets ETF by 1.1% during the third quarter. WealthNavi Inc. now owns 48,797,610 shares of the company’s stock worth $2,923,953,000 after acquiring an additional 549,899 shares in the last quarter. Corient Private Wealth LLC lifted its stake in 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 acquiring an additional 22,700,179 shares during the last quarter. Finally, Captrust Financial Advisors lifted its stake in Vanguard FTSE Developed Markets ETF by 20.9% in the second quarter. Captrust Financial Advisors now owns 24,996,434 shares of the company’s stock valued at $1,425,044,000 after acquiring an additional 4,314,597 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Price Performance

Vanguard FTSE Developed Markets ETF stock opened at $64.53 on Friday. The company’s 50-day moving average is $61.87 and its 200-day moving average is $59.85. The firm has a market capitalization of $199.89 billion, a PE ratio of 16.34 and a beta of 0.87. Vanguard FTSE Developed Markets ETF has a fifty-two week low of $45.14 and a fifty-two week high of $64.59.

Vanguard FTSE Developed Markets ETF 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.