Nova R Wealth Inc. Has $2.47 Million Position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Nova R Wealth Inc. raised its stake in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 0.4% in the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 48,596 shares of the company’s stock after acquiring an additional 201 shares during the quarter. Vanguard FTSE Developed Markets ETF makes up 1.2% of Nova R Wealth Inc.’s portfolio, making the stock its 21st largest holding. Nova R Wealth Inc.’s holdings in Vanguard FTSE Developed Markets ETF were worth $2,470,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in VEA. Sequoia Financial Advisors LLC increased its position in shares of Vanguard FTSE Developed Markets ETF by 73.6% during the 1st quarter. Sequoia Financial Advisors LLC now owns 1,087,885 shares of the company’s stock worth $55,297,000 after purchasing an additional 461,191 shares in the last quarter. Live Oak Investment Partners grew its stake in Vanguard FTSE Developed Markets ETF by 2.4% during the first quarter. Live Oak Investment Partners now owns 185,714 shares of the company’s stock worth $9,440,000 after buying an additional 4,408 shares during the last quarter. Alpine Bank Wealth Management bought a new stake in Vanguard FTSE Developed Markets ETF during the first quarter worth about $3,010,000. HBK Sorce Advisory LLC increased its holdings in shares of Vanguard FTSE Developed Markets ETF by 7.8% during the first quarter. HBK Sorce Advisory LLC now owns 7,401,500 shares of the company’s stock worth $376,218,000 after buying an additional 534,206 shares in the last quarter. Finally, Golden State Wealth Management LLC raised its stake in shares of Vanguard FTSE Developed Markets ETF by 65.9% in the first quarter. Golden State Wealth Management LLC now owns 38,351 shares of the company’s stock valued at $1,950,000 after acquiring an additional 15,240 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Price Performance

Shares of VEA opened at $55.87 on Thursday. The company has a market capitalization of $160.35 billion, a P/E ratio of 16.34 and a beta of 0.87. Vanguard FTSE Developed Markets ETF has a one year low of $45.14 and a one year high of $56.91. The business’s 50 day simple moving average is $54.49 and its 200-day simple moving average is $51.52.

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.