Vanguard FTSE Developed Markets ETF $VEA Shares Acquired by Valmark Advisers Inc.

Valmark Advisers Inc. raised its stake in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 1.5% in the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 11,930,938 shares of the company’s stock after purchasing an additional 174,623 shares during the period. Vanguard FTSE Developed Markets ETF makes up approximately 9.2% of Valmark Advisers Inc.’s portfolio, making the stock its biggest holding. Valmark Advisers Inc. owned about 0.39% of Vanguard FTSE Developed Markets ETF worth $745,326,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in VEA. Corient Private Wealth LLC boosted its stake in Vanguard FTSE Developed Markets ETF by 122.9% during the 2nd quarter. Corient Private Wealth LLC now owns 41,168,047 shares of the company’s stock valued at $2,201,917,000 after purchasing an additional 22,700,179 shares during the last quarter. Moneta Group Investment Advisors LLC boosted its stake in Vanguard FTSE Developed Markets ETF by 904.9% during the 3rd quarter. Moneta Group Investment Advisors LLC now owns 10,887,168 shares of the company’s stock valued at $652,359,000 after purchasing an additional 9,803,737 shares during the last quarter. Jasper Ridge Partners L.P. boosted its stake in shares of Vanguard FTSE Developed Markets ETF by 35.6% in the 3rd quarter. Jasper Ridge Partners L.P. now owns 20,757,883 shares of the company’s stock worth $1,243,812,000 after buying an additional 5,451,849 shares during the last quarter. Cambridge Associates LLC MA ADV lifted its stake in Vanguard FTSE Developed Markets ETF by 152.5% in the third quarter. Cambridge Associates LLC MA ADV now owns 8,489,920 shares of the company’s stock valued at $508,716,000 after purchasing an additional 5,127,412 shares during the last quarter. Finally, Mercer Global Advisors Inc. ADV lifted its stake in Vanguard FTSE Developed Markets ETF by 16.8% in the third quarter. Mercer Global Advisors Inc. ADV now owns 33,413,896 shares of the company’s stock valued at $2,002,157,000 after purchasing an additional 4,798,488 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Price Performance

Shares of VEA stock opened at $68.89 on Wednesday. The company’s fifty day simple moving average is $66.49 and its two-hundred day simple moving average is $63.74. Vanguard FTSE Developed Markets ETF has a 1 year low of $50.00 and a 1 year high of $70.55. The stock has a market capitalization of $220.95 billion, a price-to-earnings ratio of 16.34 and a beta of 0.83.

About Vanguard FTSE Developed Markets ETF

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.