Centerline Wealth Advisors LLC Invests $9.19 Million in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Centerline Wealth Advisors LLC purchased a new stake in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 192,069 shares of the company’s stock, valued at approximately $9,190,000. Vanguard FTSE Developed Markets ETF makes up about 5.4% of Centerline Wealth Advisors LLC’s portfolio, making the stock its 8th largest position.

Several other hedge funds have also made changes to their positions in VEA. Creative Planning raised its stake in shares of Vanguard FTSE Developed Markets ETF by 3.8% during the 3rd quarter. Creative Planning now owns 145,118,743 shares of the company’s stock worth $7,663,721,000 after acquiring an additional 5,341,481 shares in the last quarter. WealthNavi Inc. grew its stake in Vanguard FTSE Developed Markets ETF by 5.6% during the 3rd quarter. WealthNavi Inc. now owns 46,095,601 shares of the company’s stock worth $2,434,309,000 after buying an additional 2,436,012 shares during the last quarter. LPL Financial LLC increased its position in Vanguard FTSE Developed Markets ETF by 4.5% during the 3rd quarter. LPL Financial LLC now owns 22,283,298 shares of the company’s stock valued at $1,176,781,000 after buying an additional 954,457 shares in the last quarter. Captrust Financial Advisors raised its stake in Vanguard FTSE Developed Markets ETF by 7.2% in the third quarter. Captrust Financial Advisors now owns 16,431,983 shares of the company’s stock valued at $867,773,000 after buying an additional 1,103,351 shares during the last quarter. Finally, Cerity Partners LLC boosted its holdings in Vanguard FTSE Developed Markets ETF by 12.4% in the third quarter. Cerity Partners LLC now owns 15,432,650 shares of the company’s stock worth $814,998,000 after acquiring an additional 1,700,587 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Trading Up 0.4 %

NYSEARCA:VEA opened at $50.61 on Friday. The company’s 50 day moving average is $49.11 and its two-hundred day moving average is $50.22. The company has a market cap of $132.60 billion, a PE ratio of 13.32 and a beta of 0.88. Vanguard FTSE Developed Markets ETF has a twelve month low of $46.72 and a twelve month high of $53.40.

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.