Nicholas Hoffman & Company LLC. Acquires 883,495 Shares of Vanguard FTSE Developed Markets ETF $VEA

Nicholas Hoffman & Company LLC. raised its holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 7.5% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 12,732,955 shares of the company’s stock after acquiring an additional 883,495 shares during the period. Vanguard FTSE Developed Markets ETF makes up approximately 18.5% of Nicholas Hoffman & Company LLC.’s investment portfolio, making the stock its 2nd largest position. Nicholas Hoffman & Company LLC. owned about 0.43% of Vanguard FTSE Developed Markets ETF worth $762,959,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in VEA. Brighton Jones LLC increased its stake in shares of Vanguard FTSE Developed Markets ETF by 79.2% in the 4th quarter. Brighton Jones LLC now owns 243,622 shares of the company’s stock worth $11,650,000 after acquiring an additional 107,649 shares during the last quarter. Revolve Wealth Partners LLC increased its position in Vanguard FTSE Developed Markets ETF by 47.3% during the fourth quarter. Revolve Wealth Partners LLC now owns 123,485 shares of the company’s stock worth $5,905,000 after purchasing an additional 39,653 shares during the last quarter. Capstone Wealth Management Group LLC acquired a new position in Vanguard FTSE Developed Markets ETF in the 1st quarter valued at about $209,000. Jennison Associates LLC purchased a new stake in shares of Vanguard FTSE Developed Markets ETF in the 2nd quarter valued at approximately $757,000. Finally, Hantz Financial Services Inc. acquired a new stake in shares of Vanguard FTSE Developed Markets ETF during the 2nd quarter worth approximately $83,000.

Vanguard FTSE Developed Markets ETF Stock Performance

Shares of Vanguard FTSE Developed Markets ETF stock opened at $70.24 on Friday. The stock has a 50 day moving average of $66.01 and a 200 day moving average of $62.34. The firm has a market capitalization of $217.58 billion, a price-to-earnings ratio of 16.34 and a beta of 0.87. Vanguard FTSE Developed Markets ETF has a fifty-two week low of $45.14 and a fifty-two week high of $70.55.

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.