Vanguard FTSE Developed Markets ETF $VEA Stock Purchased by Cornerstone Wealth Advisors Inc.

Cornerstone Wealth Advisors Inc. increased its stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 1.7% during the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 424,087 shares of the company’s stock after buying an additional 7,264 shares during the period. Vanguard FTSE Developed Markets ETF accounts for about 6.3% of Cornerstone Wealth Advisors Inc.’s holdings, making the stock its 7th largest holding. Cornerstone Wealth Advisors Inc.’s holdings in Vanguard FTSE Developed Markets ETF were worth $29,945,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Green Ridge Wealth Planning LLC bought a new position in shares of Vanguard FTSE Developed Markets ETF in the fourth quarter worth approximately $15,031,000. Pathway Financial Advisors LLC increased its position in shares of Vanguard FTSE Developed Markets ETF by 44.9% during the third quarter. Pathway Financial Advisors LLC now owns 70,764 shares of the company’s stock valued at $4,997,000 after acquiring an additional 21,916 shares in the last quarter. Verus Advisory Inc. bought a new stake in shares of Vanguard FTSE Developed Markets ETF during the fourth quarter valued at approximately $9,561,000. AdvisorNet Financial Inc increased its position in shares of Vanguard FTSE Developed Markets ETF by 4.2% during the third quarter. AdvisorNet Financial Inc now owns 523,978 shares of the company’s stock valued at $36,312,000 after acquiring an additional 21,081 shares in the last quarter. Finally, Moody National Bank Trust Division raised its holdings in Vanguard FTSE Developed Markets ETF by 7.9% in the 3rd quarter. Moody National Bank Trust Division now owns 1,176,580 shares of the company’s stock worth $83,078,000 after acquiring an additional 86,572 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Stock Down 0.2%

Shares of NYSEARCA VEA opened at $69.49 on Friday. The firm has a market cap of $227.85 billion, a P/E ratio of 16.34 and a beta of 0.84. Vanguard FTSE Developed Markets ETF has a twelve month low of $58.88 and a twelve month high of $74.04. The company has a 50 day moving average of $72.00 and a 200 day moving average of $70.59.

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.