World Investment Advisors Has $55.36 Million Stake in Vanguard FTSE Developed Markets ETF $VEA

World Investment Advisors grew its stake in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 50.7% in the first quarter, HoldingsChannel.com reports. The firm owned 863,858 shares of the company’s stock after purchasing an additional 290,470 shares during the period. Vanguard FTSE Developed Markets ETF comprises about 0.9% of World Investment Advisors’ investment portfolio, making the stock its 15th largest holding. World Investment Advisors’ holdings in Vanguard FTSE Developed Markets ETF were worth $55,356,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of VEA. Buck Wealth Strategies LLC boosted its holdings in Vanguard FTSE Developed Markets ETF by 16.3% during the fourth quarter. Buck Wealth Strategies LLC now owns 364,560 shares of the company’s stock worth $22,774,000 after purchasing an additional 51,187 shares during the last quarter. Chesley Taft & Associates LLC increased its stake in Vanguard FTSE Developed Markets ETF by 13.9% in the 4th quarter. Chesley Taft & Associates LLC now owns 331,150 shares of the company’s stock valued at $20,687,000 after buying an additional 40,482 shares during the last quarter. Green Ridge Wealth Planning LLC purchased a new stake in Vanguard FTSE Developed Markets ETF in the 4th quarter valued at about $15,031,000. Root Financial Partners LLC lifted its position in shares of Vanguard FTSE Developed Markets ETF by 27.1% during the 4th quarter. Root Financial Partners LLC now owns 97,303 shares of the company’s stock worth $6,079,000 after buying an additional 20,769 shares in the last quarter. Finally, Verus Advisory Inc. bought a new position in shares of Vanguard FTSE Developed Markets ETF during the 4th quarter worth approximately $9,561,000.

Vanguard FTSE Developed Markets ETF Price Performance

Shares of NYSEARCA VEA opened at $70.81 on Friday. The stock’s 50 day moving average price is $70.48 and its 200-day moving average price is $67.39. The company has a market capitalization of $227.88 billion, a PE ratio of 16.34 and a beta of 0.83. Vanguard FTSE Developed Markets ETF has a twelve month low of $55.68 and a twelve month high of $73.23.

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.