Vanguard FTSE Developed Markets ETF $VEA Stock Position Boosted by Linscomb Wealth Inc.

Linscomb Wealth Inc. lifted its holdings in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 2.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 4,383,551 shares of the company’s stock after acquiring an additional 120,221 shares during the period. Vanguard FTSE Developed Markets ETF accounts for about 11.5% of Linscomb Wealth Inc.’s holdings, making the stock its biggest position. Linscomb Wealth Inc. owned approximately 0.14% of Vanguard FTSE Developed Markets ETF worth $273,840,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Nova Wealth Management Inc. grew its position in shares of Vanguard FTSE Developed Markets ETF by 151.5% during the fourth quarter. Nova Wealth Management Inc. now owns 420 shares of the company’s stock worth $26,000 after acquiring an additional 253 shares during the last quarter. GGM Financials LLC purchased a new position in shares of Vanguard FTSE Developed Markets ETF during the third quarter worth approximately $27,000. Ulland Investment Advisors LLC grew its position in shares of Vanguard FTSE Developed Markets ETF by 75.6% during the third quarter. Ulland Investment Advisors LLC now owns 562 shares of the company’s stock worth $34,000 after acquiring an additional 242 shares during the last quarter. Strategic Wealth Advisors LLC purchased a new position in shares of Vanguard FTSE Developed Markets ETF during the fourth quarter worth approximately $35,000. Finally, Cloud Capital Management LLC purchased a new position in shares of Vanguard FTSE Developed Markets ETF during the third quarter worth approximately $37,000.

Vanguard FTSE Developed Markets ETF Trading Up 0.4%

Shares of VEA opened at $71.66 on Friday. The firm has a market cap of $229.83 billion, a PE ratio of 16.34 and a beta of 0.83. The company’s 50 day simple moving average is $67.67 and its 200-day simple moving average is $65.62. Vanguard FTSE Developed Markets ETF has a 12-month low of $54.63 and a 12-month high of $71.88.

Vanguard FTSE Developed Markets ETF Company 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.