Global Retirement Partners LLC Grows Stock Holdings in Vanguard FTSE Developed Markets ETF $VEA

Global Retirement Partners LLC raised its position in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 65.2% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 671,861 shares of the company’s stock after buying an additional 265,159 shares during the period. Vanguard FTSE Developed Markets ETF makes up about 0.7% of Global Retirement Partners LLC’s portfolio, making the stock its 23rd biggest holding. Global Retirement Partners LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $41,971,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of VEA. Nova Wealth Management Inc. boosted its holdings in Vanguard FTSE Developed Markets ETF by 151.5% in the fourth quarter. Nova Wealth Management Inc. now owns 420 shares of the company’s stock valued at $26,000 after purchasing an additional 253 shares during the period. GGM Financials LLC purchased a new position in Vanguard FTSE Developed Markets ETF in the third quarter valued at $27,000. Ulland Investment Advisors LLC boosted its holdings in Vanguard FTSE Developed Markets ETF by 75.6% in the third quarter. Ulland Investment Advisors LLC now owns 562 shares of the company’s stock valued at $34,000 after purchasing an additional 242 shares during the period. Strategic Wealth Advisors LLC purchased a new position in Vanguard FTSE Developed Markets ETF in the fourth quarter valued at $35,000. Finally, Cloud Capital Management LLC purchased a new position in Vanguard FTSE Developed Markets ETF in the third quarter valued at $37,000.

Vanguard FTSE Developed Markets ETF Trading Up 1.8%

NYSEARCA:VEA opened at $70.20 on Thursday. The firm has a market cap of $225.15 billion, a PE ratio of 16.34 and a beta of 0.83. The stock has a fifty day moving average price of $66.95 and a 200 day moving average price of $65.18. Vanguard FTSE Developed Markets ETF has a 12-month low of $54.44 and a 12-month high of $71.12.

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.