Vanguard FTSE Developed Markets ETF $VEA Shares Bought by Root Financial Partners LLC

Root Financial Partners LLC raised its position in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 54.6% in the 1st quarter, HoldingsChannel reports. The institutional investor owned 150,469 shares of the company’s stock after buying an additional 53,166 shares during the period. Vanguard FTSE Developed Markets ETF makes up about 0.4% of Root Financial Partners LLC’s portfolio, making the stock its 25th biggest holding. Root Financial Partners LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $9,642,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. Nova Wealth Management Inc. lifted its stake in Vanguard FTSE Developed Markets ETF by 151.5% during the 4th 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. Ulland Investment Advisors LLC boosted 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 valued at $34,000 after acquiring an additional 242 shares during the period. Strategic Wealth Advisors LLC purchased a new position in Vanguard FTSE Developed Markets ETF during the 4th quarter valued at about $35,000. Quaker Wealth Management LLC grew its position in 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 valued at $39,000 after acquiring an additional 611 shares in the last quarter. Finally, Tidemark LLC grew its position in Vanguard FTSE Developed Markets ETF by 80.9% in the 4th quarter. Tidemark LLC now owns 624 shares of the company’s stock valued at $39,000 after acquiring an additional 279 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Price Performance

Shares of NYSEARCA:VEA opened at $70.36 on Thursday. The firm has a market capitalization of $226.43 billion, a PE ratio of 16.34 and a beta of 0.83. Vanguard FTSE Developed Markets ETF has a 1 year low of $55.68 and a 1 year high of $73.23. The firm’s 50-day moving average is $70.37 and its two-hundred day moving average is $67.30.

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.