IFP Advisors Inc Raises Stake in Vanguard FTSE Developed Markets ETF $VEA

IFP Advisors Inc grew its stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 22.7% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 327,485 shares of the company’s stock after acquiring an additional 60,492 shares during the quarter. IFP Advisors Inc’s holdings in Vanguard FTSE Developed Markets ETF were worth $23,333,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of VEA. First Community Trust NA purchased a new position in Vanguard FTSE Developed Markets ETF during the second quarter worth about $37,000. Scarborough Advisors LLC purchased a new stake in shares of Vanguard FTSE Developed Markets ETF in the 1st quarter valued at approximately $40,000. Strategic Advocates LLC increased its holdings in shares of 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 buying an additional 248 shares during the last quarter. Tidemark LLC raised its position in shares of Vanguard FTSE Developed Markets ETF by 80.9% during the 4th quarter. Tidemark LLC now owns 624 shares of the company’s stock valued at $39,000 after buying an additional 279 shares during the period. Finally, Cornerstone Financial Management LLC acquired a new position in Vanguard FTSE Developed Markets ETF in the fourth quarter valued at approximately $39,000.

Vanguard FTSE Developed Markets ETF Stock Performance

Shares of Vanguard FTSE Developed Markets ETF stock opened at $73.45 on Wednesday. The firm has a market capitalization of $237.97 billion, a price-to-earnings ratio of 16.34 and a beta of 0.83. Vanguard FTSE Developed Markets ETF has a fifty-two week low of $58.81 and a fifty-two week high of $74.04. The stock has a 50 day moving average of $71.76 and a 200 day moving average of $69.63.

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.