Lowe Wealth Advisors LLC Raises Stock Position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Lowe Wealth Advisors LLC grew its position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 2,302.3% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 1,033 shares of the company’s stock after purchasing an additional 990 shares during the period. Lowe Wealth Advisors LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $49,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Kozak & Associates Inc. boosted its stake in Vanguard FTSE Developed Markets ETF by 268.0% during the fourth quarter. Kozak & Associates Inc. now owns 563 shares of the company’s stock worth $27,000 after buying an additional 410 shares during the period. Spectrum Wealth Counsel LLC purchased a new position in shares of Vanguard FTSE Developed Markets ETF during the 2nd quarter worth approximately $33,000. Lummis Asset Management LP acquired a new stake in Vanguard FTSE Developed Markets ETF in the 3rd quarter valued at approximately $34,000. Abich Financial Wealth Management LLC increased its holdings in Vanguard FTSE Developed Markets ETF by 2,458.6% in the 2nd quarter. Abich Financial Wealth Management LLC now owns 742 shares of the company’s stock valued at $37,000 after purchasing an additional 713 shares during the last quarter. Finally, Fairscale Capital LLC purchased a new stake in Vanguard FTSE Developed Markets ETF in the second quarter valued at approximately $38,000.

Vanguard FTSE Developed Markets ETF Stock Performance

Shares of VEA traded down $0.72 during midday trading on Friday, hitting $47.53. 14,645,014 shares of the stock were exchanged, compared to its average volume of 12,607,249. The firm has a market cap of $124.53 billion, a P/E ratio of 13.32 and a beta of 0.88. Vanguard FTSE Developed Markets ETF has a 52-week low of $45.91 and a 52-week high of $53.40. The stock has a fifty day simple moving average of $49.32 and a 200 day simple moving average of $50.37.

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.