Essex Financial Services Inc. Has $8.49 Million Holdings in Vanguard FTSE Developed Markets ETF $VEA

Essex Financial Services Inc. increased its stake in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 16.9% in the fourth quarter, Holdings Channel reports. The firm owned 135,920 shares of the company’s stock after buying an additional 19,642 shares during the quarter. Essex Financial Services Inc.’s holdings in Vanguard FTSE Developed Markets ETF were worth $8,491,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. Nova Wealth Management Inc. grew its stake in shares of Vanguard FTSE Developed Markets ETF by 151.5% during the fourth quarter. Nova Wealth Management Inc. now owns 420 shares of the company’s stock worth $26,000 after purchasing an additional 253 shares during the period. GGM Financials LLC bought a new position in Vanguard FTSE Developed Markets ETF during the third quarter worth about $27,000. Ulland Investment Advisors LLC lifted its holdings in Vanguard FTSE Developed Markets ETF by 75.6% during the third quarter. Ulland Investment Advisors LLC now owns 562 shares of the company’s stock worth $34,000 after acquiring an additional 242 shares in the last quarter. Strategic Wealth Advisors LLC bought a new position in Vanguard FTSE Developed Markets ETF during the fourth quarter worth about $35,000. Finally, Quaker Wealth Management LLC lifted its holdings in Vanguard FTSE Developed Markets ETF by 7,637.5% during the fourth quarter. Quaker Wealth Management LLC now owns 619 shares of the company’s stock worth $39,000 after acquiring an additional 611 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Trading Up 0.2%

VEA stock opened at $71.77 on Friday. The business’s 50-day moving average price is $67.82 and its two-hundred day moving average price is $65.66. The firm has a market cap of $230.19 billion, a PE ratio of 16.34 and a beta of 0.83. Vanguard FTSE Developed Markets ETF has a 1-year low of $54.63 and a 1-year high of $72.23.

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.