Ground Swell Capital LLC Buys Shares of 9,595 Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Ground Swell Capital LLC bought a new stake in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 9,595 shares of the company’s stock, valued at approximately $488,000. Vanguard FTSE Developed Markets ETF makes up about 1.0% of Ground Swell Capital LLC’s holdings, making the stock its 20th biggest holding.

A number of other hedge funds have also added to or reduced their stakes in VEA. Wealthspire Advisors LLC boosted its position in shares of Vanguard FTSE Developed Markets ETF by 110.7% during the 1st quarter. Wealthspire Advisors LLC now owns 22,514,780 shares of the company’s stock valued at $1,144,426,000 after acquiring an additional 11,830,891 shares during the last quarter. Bank of America Corp DE boosted its position in shares of Vanguard FTSE Developed Markets ETF by 6.6% during the 4th quarter. Bank of America Corp DE now owns 175,393,114 shares of the company’s stock valued at $8,387,299,000 after acquiring an additional 10,807,527 shares during the last quarter. Betterment LLC boosted its position in shares of Vanguard FTSE Developed Markets ETF by 8.0% during the 4th quarter. Betterment LLC now owns 137,485,176 shares of the company’s stock valued at $6,574,541,000 after acquiring an additional 10,132,168 shares during the last quarter. TFO Wealth Partners LLC bought a new stake in shares of Vanguard FTSE Developed Markets ETF during the 1st quarter valued at about $222,710,000. Finally, Mercer Global Advisors Inc. ADV boosted its position in shares of Vanguard FTSE Developed Markets ETF by 15.4% during the 4th quarter. Mercer Global Advisors Inc. ADV now owns 24,925,827 shares of the company’s stock valued at $1,191,953,000 after acquiring an additional 3,324,648 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Trading Up 0.5%

Shares of VEA opened at $58.71 on Thursday. The company has a market cap of $168.68 billion, a PE ratio of 16.34 and a beta of 0.89. The stock has a 50-day moving average price of $56.84 and a 200-day moving average price of $53.58. Vanguard FTSE Developed Markets ETF has a 12-month low of $45.14 and a 12-month high of $58.76.

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.