Connecticut Wealth Management LLC Has $53.81 Million Stock Holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Connecticut Wealth Management LLC lifted its holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 8.6% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 1,123,348 shares of the company’s stock after purchasing an additional 89,278 shares during the period. Vanguard FTSE Developed Markets ETF comprises approximately 3.1% of Connecticut Wealth Management LLC’s holdings, making the stock its 7th biggest position. Connecticut Wealth Management LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $53,808,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of VEA. Wetzel Investment Advisors Inc. bought a new position in Vanguard FTSE Developed Markets ETF in the 4th quarter worth approximately $26,000. Versant Capital Management Inc purchased a new position in shares of Vanguard FTSE Developed Markets ETF in the fourth quarter worth $29,000. First Command Advisory Services Inc. boosted its position in shares of Vanguard FTSE Developed Markets ETF by 81.3% during the fourth quarter. First Command Advisory Services Inc. now owns 689 shares of the company’s stock worth $33,000 after acquiring an additional 309 shares during the last quarter. Investment Research & Advisory Group Inc. grew its stake in Vanguard FTSE Developed Markets ETF by 273.9% during the fourth quarter. Investment Research & Advisory Group Inc. now owns 703 shares of the company’s stock valued at $34,000 after acquiring an additional 515 shares in the last quarter. Finally, Albion Financial Group UT bought a new stake in Vanguard FTSE Developed Markets ETF in the 4th quarter valued at $40,000.

Vanguard FTSE Developed Markets ETF Trading Up 0.9 %

Shares of VEA stock traded up $0.45 on Friday, reaching $49.56. The company’s stock had a trading volume of 11,883,003 shares, compared to its average volume of 11,600,427. Vanguard FTSE Developed Markets ETF has a 1 year low of $41.48 and a 1 year high of $50.36. The stock’s fifty day simple moving average is $49.28 and its 200-day simple moving average is $47.22. The company has a market capitalization of $129.85 billion, a price-to-earnings ratio of 13.32 and a beta of 0.88.

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.