Valmark Advisers Inc. Raises Stake in Vanguard FTSE Developed Markets ETF $VEA

Valmark Advisers Inc. grew its position in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 1.8% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 12,151,204 shares of the company’s stock after buying an additional 220,266 shares during the quarter. Vanguard FTSE Developed Markets ETF accounts for 9.3% of Valmark Advisers Inc.’s portfolio, making the stock its largest position. Valmark Advisers Inc. owned about 0.38% of Vanguard FTSE Developed Markets ETF worth $778,649,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Nova Wealth Management Inc. increased its holdings in shares of Vanguard FTSE Developed Markets ETF by 151.5% in the 4th quarter. Nova Wealth Management Inc. now owns 420 shares of the company’s stock worth $26,000 after purchasing an additional 253 shares in the last quarter. Strategic Wealth Advisors LLC bought a new position in shares of Vanguard FTSE Developed Markets ETF during the fourth quarter valued at $35,000. Quaker Wealth Management LLC boosted its position in shares of Vanguard FTSE Developed Markets ETF by 7,637.5% during the fourth quarter. Quaker Wealth Management LLC now owns 619 shares of the company’s stock valued at $39,000 after buying an additional 611 shares during the last quarter. Strategic Advocates LLC boosted its position in shares of Vanguard FTSE Developed Markets ETF by 66.1% during the fourth quarter. Strategic Advocates LLC now owns 623 shares of the company’s stock valued at $39,000 after buying an additional 248 shares during the last quarter. Finally, Tidemark LLC boosted its position in shares of Vanguard FTSE Developed Markets ETF by 80.9% during the fourth quarter. Tidemark LLC now owns 624 shares of the company’s stock valued at $39,000 after buying an additional 279 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Price Performance

NYSEARCA VEA traded up $0.26 during trading hours on Friday, hitting $70.99. The company’s stock had a trading volume of 12,686,380 shares, compared to its average volume of 16,395,793. Vanguard FTSE Developed Markets ETF has a 12 month low of $55.68 and a 12 month high of $73.23. The company’s 50 day simple moving average is $70.80 and its two-hundred day simple moving average is $67.69. The company has a market cap of $230.00 billion, a P/E ratio of 16.34 and a beta of 0.83.

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.