Vanguard FTSE Developed Markets ETF $VEA Holdings Boosted by Founders Financial Securities LLC

Founders Financial Securities LLC raised its stake in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 23.3% during the 4th quarter, HoldingsChannel.com reports. The firm owned 657,516 shares of the company’s stock after acquiring an additional 124,126 shares during the quarter. Vanguard FTSE Developed Markets ETF makes up 2.4% of Founders Financial Securities LLC’s investment portfolio, making the stock its 4th largest position. Founders Financial Securities LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $41,075,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. TL Private Wealth lifted its holdings in Vanguard FTSE Developed Markets ETF by 1.7% during the fourth quarter. TL Private Wealth now owns 9,396 shares of the company’s stock valued at $606,000 after purchasing an additional 155 shares in the last quarter. Belpointe Asset Management LLC lifted its stake in shares of Vanguard FTSE Developed Markets ETF by 0.5% in the fourth quarter. Belpointe Asset Management LLC now owns 34,529 shares of the company’s stock worth $2,157,000 after buying an additional 162 shares in the last quarter. Spire Wealth Management lifted its stake in shares of Vanguard FTSE Developed Markets ETF by 0.6% in the fourth quarter. Spire Wealth Management now owns 27,194 shares of the company’s stock worth $1,699,000 after buying an additional 163 shares in the last quarter. Twelve Points Wealth Management LLC lifted its stake in shares of Vanguard FTSE Developed Markets ETF by 0.9% in the fourth quarter. Twelve Points Wealth Management LLC now owns 18,902 shares of the company’s stock worth $1,220,000 after buying an additional 166 shares in the last quarter. Finally, Ramsay Stattman Vela & Price Inc. lifted its stake in shares of Vanguard FTSE Developed Markets ETF by 0.7% in the third quarter. Ramsay Stattman Vela & Price Inc. now owns 24,548 shares of the company’s stock worth $1,471,000 after buying an additional 170 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Trading Up 0.2%

NYSEARCA:VEA opened at $71.77 on Friday. The company’s 50-day moving average price is $67.82 and its 200-day moving average price is $65.66. The company has a market cap of $230.19 billion, a P/E ratio of 16.34 and a beta of 0.83. Vanguard FTSE Developed Markets ETF has a twelve month low of $54.63 and a twelve month 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.