Pure Financial Advisors LLC Has $77.89 Million Holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Pure Financial Advisors LLC raised its stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 5.5% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 1,474,851 shares of the company’s stock after buying an additional 77,206 shares during the period. Vanguard FTSE Developed Markets ETF comprises 1.9% of Pure Financial Advisors LLC’s holdings, making the stock its 18th largest position. Pure Financial Advisors LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $77,887,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently added to or reduced their stakes in the stock. Strategic Financial Concepts LLC raised its position in shares of Vanguard FTSE Developed Markets ETF by 6,005.9% in the 2nd quarter. Strategic Financial Concepts LLC now owns 8,308,691 shares of the company’s stock valued at $410,616,000 after acquiring an additional 8,172,614 shares during the period. Creative Planning increased its stake in Vanguard FTSE Developed Markets ETF by 4.9% in the second quarter. Creative Planning now owns 139,777,262 shares of the company’s stock valued at $6,907,792,000 after purchasing an additional 6,565,775 shares in the last quarter. Cetera Investment Advisers raised its holdings in Vanguard FTSE Developed Markets ETF by 147.9% in the first quarter. Cetera Investment Advisers now owns 4,577,042 shares of the company’s stock worth $229,630,000 after purchasing an additional 2,730,944 shares during the period. WealthNavi Inc. raised its holdings in Vanguard FTSE Developed Markets ETF by 5.6% in the third quarter. WealthNavi Inc. now owns 46,095,601 shares of the company’s stock worth $2,434,309,000 after purchasing an additional 2,436,012 shares during the period. Finally, Northwestern Mutual Wealth Management Co. boosted its position in shares of Vanguard FTSE Developed Markets ETF by 4.9% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 50,962,305 shares of the company’s stock worth $2,518,573,000 after purchasing an additional 2,402,484 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Stock Up 0.2 %

VEA opened at $50.21 on Friday. The stock has a market cap of $131.55 billion, a P/E ratio of 13.32 and a beta of 0.88. Vanguard FTSE Developed Markets ETF has a 12 month low of $43.29 and a 12 month high of $53.40. The company has a fifty day simple moving average of $51.64 and a 200 day simple moving average of $50.58.

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.