Savvy Advisors Inc. Raises Stock Holdings in Vanguard FTSE Developed Markets ETF $VEA

Savvy Advisors Inc. raised its stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 202.5% during the third quarter, HoldingsChannel reports. The institutional investor owned 451,399 shares of the company’s stock after purchasing an additional 302,156 shares during the quarter. Vanguard FTSE Developed Markets ETF comprises about 1.2% of Savvy Advisors Inc.’s investment portfolio, making the stock its 14th biggest position. Savvy Advisors Inc.’s holdings in Vanguard FTSE Developed Markets ETF were worth $27,048,000 as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of VEA. Corient Private Wealth LLC lifted its holdings in shares of Vanguard FTSE Developed Markets ETF by 122.9% in the 2nd quarter. Corient Private Wealth LLC now owns 41,168,047 shares of the company’s stock worth $2,201,917,000 after acquiring an additional 22,700,179 shares during the last quarter. Gallagher Fiduciary Advisors LLC increased its holdings in Vanguard FTSE Developed Markets ETF by 5,002.6% in the 2nd quarter. Gallagher Fiduciary Advisors LLC now owns 11,901,177 shares of the company’s stock valued at $678,486,000 after purchasing an additional 11,667,939 shares during the last quarter. Bank of America Corp DE raised its position in Vanguard FTSE Developed Markets ETF by 3.0% in the second quarter. Bank of America Corp DE now owns 194,545,244 shares of the company’s stock valued at $11,091,024,000 after purchasing an additional 5,747,233 shares during the period. Gridiron Partners LLC raised its position in Vanguard FTSE Developed Markets ETF by 16,333.2% in the third quarter. Gridiron Partners LLC now owns 4,432,845 shares of the company’s stock valued at $265,616,000 after purchasing an additional 4,405,870 shares during the period. Finally, Captrust Financial Advisors lifted its stake in Vanguard FTSE Developed Markets ETF by 20.9% during the second quarter. Captrust Financial Advisors now owns 24,996,434 shares of the company’s stock worth $1,425,044,000 after purchasing an additional 4,314,597 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Stock Up 0.7%

VEA opened at $69.05 on Thursday. Vanguard FTSE Developed Markets ETF has a 52 week low of $45.14 and a 52 week high of $69.18. The business has a fifty day simple moving average of $64.33 and a 200-day simple moving average of $61.35. The firm has a market cap of $213.89 billion, a P/E ratio of 16.34 and a beta of 0.87.

Vanguard FTSE Developed Markets ETF Profile

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.