Farnam Financial LLC Has $4.69 Million Stock Position in Vanguard FTSE Developed Markets ETF $VEA

Farnam Financial LLC increased its stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 82.2% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 82,175 shares of the company’s stock after acquiring an additional 37,066 shares during the period. Vanguard FTSE Developed Markets ETF makes up approximately 4.2% of Farnam Financial LLC’s investment portfolio, making the stock its 5th biggest position. Farnam Financial LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $4,685,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. Wealthspire Advisors LLC increased its position in shares of Vanguard FTSE Developed Markets ETF by 110.7% during the 1st quarter. Wealthspire Advisors LLC now owns 22,514,780 shares of the company’s stock valued at $1,144,426,000 after purchasing an additional 11,830,891 shares during the last quarter. TFO Wealth Partners LLC bought a new stake in Vanguard FTSE Developed Markets ETF in the first quarter worth $222,710,000. Wit LLC boosted its stake in Vanguard FTSE Developed Markets ETF by 99,898.4% during the first quarter. Wit LLC now owns 4,020,934 shares of the company’s stock worth $204,384,000 after buying an additional 4,016,913 shares during the period. SCS Capital Management LLC boosted its stake in Vanguard FTSE Developed Markets ETF by 48.0% during the first quarter. SCS Capital Management LLC now owns 10,411,294 shares of the company’s stock worth $529,206,000 after buying an additional 3,377,989 shares during the period. Finally, RWA Wealth Partners LLC increased its position in Vanguard FTSE Developed Markets ETF by 20.6% during the first quarter. RWA Wealth Partners LLC now owns 13,542,589 shares of the company’s stock valued at $688,370,000 after acquiring an additional 2,313,204 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Trading Up 1.1%

Vanguard FTSE Developed Markets ETF stock opened at $61.28 on Thursday. The firm has a 50-day moving average price of $60.53 and a 200-day moving average price of $58.30. The firm has a market capitalization of $182.59 billion, a PE ratio of 16.34 and a beta of 0.87. Vanguard FTSE Developed Markets ETF has a 12-month low of $45.14 and a 12-month high of $62.20.

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.