Essex Financial Services Inc. Raises Stock Position in Vanguard FTSE Developed Markets ETF $VEA

Essex Financial Services Inc. boosted its holdings in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 14.2% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 155,203 shares of the company’s stock after purchasing an additional 19,283 shares during the period. Essex Financial Services Inc.’s holdings in Vanguard FTSE Developed Markets ETF were worth $9,945,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently added to or reduced their stakes in the company. Brighton Jones LLC increased its stake in shares of Vanguard FTSE Developed Markets ETF by 79.2% during the fourth quarter. Brighton Jones LLC now owns 243,622 shares of the company’s stock worth $11,650,000 after purchasing an additional 107,649 shares in the last quarter. Revolve Wealth Partners LLC lifted its stake in Vanguard FTSE Developed Markets ETF by 47.3% in the 4th quarter. Revolve Wealth Partners LLC now owns 123,485 shares of the company’s stock valued at $5,905,000 after buying an additional 39,653 shares in the last quarter. Capstone Wealth Management Group LLC purchased a new position in Vanguard FTSE Developed Markets ETF in the 1st quarter valued at about $209,000. Squarepoint Ops LLC acquired a new stake in Vanguard FTSE Developed Markets ETF in the 2nd quarter worth about $7,001,000. Finally, Glenview Trust co boosted its holdings in Vanguard FTSE Developed Markets ETF by 1.8% in the 2nd quarter. Glenview Trust co now owns 16,992 shares of the company’s stock worth $969,000 after buying an additional 297 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Price Performance

Shares of Vanguard FTSE Developed Markets ETF stock opened at $70.36 on Thursday. The stock has a market capitalization of $226.43 billion, a P/E ratio of 16.34 and a beta of 0.83. The business has a 50 day simple moving average of $70.37 and a two-hundred day simple moving average of $67.30. Vanguard FTSE Developed Markets ETF has a 12 month low of $55.68 and a 12 month high of $73.23.

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.