NewEdge Wealth LLC Increases Position in Vanguard FTSE Developed Markets ETF $VEA

NewEdge Wealth LLC raised its holdings in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 4.9% in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 246,295 shares of the company’s stock after purchasing an additional 11,399 shares during the period. NewEdge Wealth LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $14,950,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in the business. Etesian Wealth Advisors Inc. grew its stake in shares of Vanguard FTSE Developed Markets ETF by 6.3% during the third quarter. Etesian Wealth Advisors Inc. now owns 222,561 shares of the company’s stock valued at $13,336,000 after buying an additional 13,158 shares during the last quarter. Warner Financial Inc. boosted its holdings in Vanguard FTSE Developed Markets ETF by 5.5% during the 3rd quarter. Warner Financial Inc. now owns 292,561 shares of the company’s stock valued at $17,530,000 after acquiring an additional 15,376 shares during the period. Noble Family Wealth LLC grew its position in Vanguard FTSE Developed Markets ETF by 8.9% in the 3rd quarter. Noble Family Wealth LLC now owns 639,448 shares of the company’s stock valued at $38,316,000 after acquiring an additional 52,052 shares during the last quarter. Eastern Bank increased its stake in Vanguard FTSE Developed Markets ETF by 6.1% in the third quarter. Eastern Bank now owns 2,345,531 shares of the company’s stock worth $140,544,000 after purchasing an additional 133,977 shares during the period. Finally, Essential Planning LLC. increased its stake in Vanguard FTSE Developed Markets ETF by 53.7% in the third quarter. Essential Planning LLC. now owns 43,878 shares of the company’s stock worth $2,629,000 after purchasing an additional 15,329 shares during the period.

Vanguard FTSE Developed Markets ETF Trading Up 0.3%

Shares of VEA opened at $68.81 on Thursday. The firm has a fifty day moving average price of $64.99 and a 200-day moving average price of $61.77. The firm has a market capitalization of $213.15 billion, a P/E ratio of 16.34 and a beta of 0.87. Vanguard FTSE Developed Markets ETF has a 12-month low of $45.14 and a 12-month high of $69.40.

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.