Gateway Wealth Partners LLC Has $6.15 Million Stock Holdings in Vanguard FTSE Developed Markets ETF $VEA

Gateway Wealth Partners LLC increased its position in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 651.1% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 96,011 shares of the company’s stock after buying an additional 83,229 shares during the period. Gateway Wealth Partners LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $6,152,000 as of its most recent filing with the Securities and Exchange Commission.

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

Vanguard FTSE Developed Markets ETF Price Performance

VEA opened at $69.71 on Monday. The company’s 50 day moving average price is $70.81 and its two-hundred day moving average price is $68.24. Vanguard FTSE Developed Markets ETF has a fifty-two week low of $55.68 and a fifty-two week high of $73.23. The firm has a market capitalization of $225.86 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.