Verus Advisory Inc. Buys Shares of 152,270 Vanguard FTSE Developed Markets ETF $VEA

Verus Advisory Inc. bought a new position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) in the 4th quarter, according to its most recent filing with the SEC. The institutional investor bought 152,270 shares of the company’s stock, valued at approximately $9,561,000. Vanguard FTSE Developed Markets ETF accounts for 6.2% of Verus Advisory Inc.’s holdings, making the stock its 4th biggest holding.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Brighton Jones LLC boosted its stake in shares of Vanguard FTSE Developed Markets ETF by 79.2% during the fourth quarter. Brighton Jones LLC now owns 243,622 shares of the company’s stock valued at $11,650,000 after purchasing an additional 107,649 shares in the last quarter. Revolve Wealth Partners LLC lifted its holdings in Vanguard FTSE Developed Markets ETF by 47.3% during the fourth quarter. Revolve Wealth Partners LLC now owns 123,485 shares of the company’s stock worth $5,905,000 after buying an additional 39,653 shares during the period. Capstone Wealth Management Group LLC purchased a new stake in Vanguard FTSE Developed Markets ETF during the first quarter worth $209,000. Squarepoint Ops LLC purchased a new stake in Vanguard FTSE Developed Markets ETF during the second quarter worth $7,001,000. Finally, Glenview Trust co boosted its position in Vanguard FTSE Developed Markets ETF by 1.8% during the 2nd quarter. Glenview Trust co now owns 16,992 shares of the company’s stock valued at $969,000 after acquiring an additional 297 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Trading Up 0.4%

Shares of NYSEARCA VEA opened at $72.31 on Friday. Vanguard FTSE Developed Markets ETF has a 12-month low of $54.63 and a 12-month high of $73.23. The stock’s fifty day simple moving average is $69.92 and its two-hundred day simple moving average is $66.73. The stock has a market capitalization of $231.92 billion, a PE ratio of 16.34 and a beta of 0.83.

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.