Trace Wealth Advisors LLC Invests $8.43 Million in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Trace Wealth Advisors LLC purchased a new position in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 176,327 shares of the company’s stock, valued at approximately $8,432,000. Vanguard FTSE Developed Markets ETF comprises about 7.6% of Trace Wealth Advisors LLC’s portfolio, making the stock its 3rd largest position.

Several other institutional investors have also modified their holdings of the company. Sellwood Investment Partners LLC acquired a new stake in Vanguard FTSE Developed Markets ETF in the fourth quarter worth approximately $26,000. Decker Retirement Planning Inc. bought a new position in shares of Vanguard FTSE Developed Markets ETF during the 4th quarter valued at about $29,000. Chapman Financial Group LLC bought a new position in shares of Vanguard FTSE Developed Markets ETF during the 4th quarter valued at about $29,000. Keystone Financial Group Inc. bought a new position in shares of Vanguard FTSE Developed Markets ETF during the 4th quarter valued at about $32,000. Finally, Headlands Technologies LLC boosted its position in shares of Vanguard FTSE Developed Markets ETF by 65.2% during the 4th quarter. Headlands Technologies LLC now owns 702 shares of the company’s stock valued at $34,000 after purchasing an additional 277 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Trading Up 0.2%

NYSEARCA:VEA opened at $54.50 on Friday. Vanguard FTSE Developed Markets ETF has a twelve month low of $45.14 and a twelve month high of $54.53. The company has a 50-day moving average of $51.48 and a 200-day moving average of $50.40. The firm has a market cap of $155.33 billion, a price-to-earnings ratio of 16.25 and a beta of 0.88.

Vanguard FTSE Developed Markets ETF Company 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.