Kovack Advisors Inc. Acquires 49,980 Shares of Vanguard FTSE Developed Markets ETF $VEA

Kovack Advisors Inc. increased its holdings in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 95.2% during the 4th quarter, Holdings Channel reports. The institutional investor owned 102,465 shares of the company’s stock after acquiring an additional 49,980 shares during the quarter. Kovack Advisors Inc.’s holdings in Vanguard FTSE Developed Markets ETF were worth $6,401,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in VEA. Nova Wealth Management Inc. grew its stake in shares of Vanguard FTSE Developed Markets ETF by 151.5% in the fourth quarter. Nova Wealth Management Inc. now owns 420 shares of the company’s stock worth $26,000 after purchasing an additional 253 shares during the last quarter. GGM Financials LLC bought a new position in Vanguard FTSE Developed Markets ETF during the 3rd quarter worth $27,000. Ulland Investment Advisors LLC lifted its holdings in Vanguard FTSE Developed Markets ETF by 75.6% during the 3rd quarter. Ulland Investment Advisors LLC now owns 562 shares of the company’s stock worth $34,000 after buying an additional 242 shares during the period. Strategic Wealth Advisors LLC acquired a new stake in shares of Vanguard FTSE Developed Markets ETF in the fourth quarter valued at about $35,000. Finally, Quaker Wealth Management LLC raised its position in shares of Vanguard FTSE Developed Markets ETF by 7,637.5% during the fourth quarter. Quaker Wealth Management LLC now owns 619 shares of the company’s stock worth $39,000 after acquiring an additional 611 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Price Performance

Vanguard FTSE Developed Markets ETF stock opened at $71.31 on Friday. The stock’s 50 day moving average is $69.20 and its 200 day moving average is $66.34. Vanguard FTSE Developed Markets ETF has a one year low of $54.63 and a one year high of $72.32. The firm has a market cap of $228.71 billion, a P/E ratio of 16.34 and a beta of 0.83.

Vanguard FTSE Developed Markets ETF Company 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.