Diversify Wealth Management LLC Raises Stake in Vanguard FTSE Developed Markets ETF $VEA

Diversify Wealth Management LLC raised its stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 47.9% during the first quarter, Holdings Channel reports. The fund owned 398,251 shares of the company’s stock after buying an additional 128,915 shares during the period. Diversify Wealth Management LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $26,715,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently made changes to their positions in VEA. Nova Wealth Management Inc. lifted its position in shares of Vanguard FTSE Developed Markets ETF by 151.5% during the fourth quarter. Nova Wealth Management Inc. now owns 420 shares of the company’s stock worth $26,000 after acquiring an additional 253 shares in the last quarter. Strategic Wealth Advisors LLC bought a new position in shares of Vanguard FTSE Developed Markets ETF in the fourth quarter worth approximately $35,000. Quaker Wealth Management LLC increased its holdings in shares of Vanguard FTSE Developed Markets ETF by 7,637.5% in the 4th quarter. Quaker Wealth Management LLC now owns 619 shares of the company’s stock worth $39,000 after buying an additional 611 shares during the last quarter. Strategic Advocates LLC increased its stake in Vanguard FTSE Developed Markets ETF by 66.1% in the fourth quarter. Strategic Advocates LLC now owns 623 shares of the company’s stock valued at $39,000 after acquiring an additional 248 shares during the last quarter. Finally, Tidemark LLC raised its holdings in shares of Vanguard FTSE Developed Markets ETF by 80.9% during the 4th quarter. Tidemark LLC now owns 624 shares of the company’s stock valued at $39,000 after buying an additional 279 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Stock Performance

NYSEARCA:VEA traded up $0.26 during trading hours on Friday, reaching $70.99. The company’s stock had a trading volume of 12,686,380 shares, compared to its average volume of 16,395,793. The firm has a market capitalization of $230.00 billion, a price-to-earnings ratio of 16.34 and a beta of 0.83. The firm has a 50-day simple moving average of $70.80 and a 200-day simple moving average of $67.69. Vanguard FTSE Developed Markets ETF has a 1 year low of $55.68 and a 1 year high of $73.23.

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.