Assetmark Inc. Purchases 1,686,943 Shares of Vanguard FTSE Developed Markets ETF $VEA

Assetmark Inc. increased its position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 42.9% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 5,623,089 shares of the company’s stock after purchasing an additional 1,686,943 shares during the quarter. Vanguard FTSE Developed Markets ETF makes up 0.8% of Assetmark Inc.’s portfolio, making the stock its 29th largest holding. Assetmark Inc. owned approximately 0.19% of Vanguard FTSE Developed Markets ETF worth $320,572,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. TFO Wealth Partners LLC bought a new position in shares of Vanguard FTSE Developed Markets ETF during the first quarter valued at $222,710,000. Arkadios Wealth Advisors lifted its holdings in shares of Vanguard FTSE Developed Markets ETF by 289.9% during the first quarter. Arkadios Wealth Advisors now owns 93,032 shares of the company’s stock valued at $4,729,000 after acquiring an additional 69,173 shares during the period. Fiduciary Alliance LLC lifted its holdings in shares of Vanguard FTSE Developed Markets ETF by 3.5% during the second quarter. Fiduciary Alliance LLC now owns 8,732 shares of the company’s stock valued at $498,000 after acquiring an additional 292 shares during the period. Twelve Points Wealth Management LLC lifted its holdings in shares of Vanguard FTSE Developed Markets ETF by 2.7% during the second quarter. Twelve Points Wealth Management LLC now owns 19,660 shares of the company’s stock valued at $1,121,000 after acquiring an additional 508 shares during the period. Finally, Financial Synergies Wealth Advisors Inc. lifted its holdings in shares of Vanguard FTSE Developed Markets ETF by 3.2% during the first quarter. Financial Synergies Wealth Advisors Inc. now owns 900,352 shares of the company’s stock valued at $45,765,000 after acquiring an additional 27,816 shares during the period.

Vanguard FTSE Developed Markets ETF Stock Performance

Shares of NYSEARCA VEA opened at $61.31 on Thursday. The stock has a market cap of $182.68 billion, a PE ratio of 16.34 and a beta of 0.87. The business has a fifty day moving average of $59.93 and a two-hundred day moving average of $57.11. Vanguard FTSE Developed Markets ETF has a 52-week low of $45.14 and a 52-week high of $61.80.

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.