Vanguard FTSE Developed Markets ETF $VEA Stake Lifted by Equita Financial Network Inc.

Equita Financial Network Inc. increased its stake in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 2.5% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 516,558 shares of the company’s stock after acquiring an additional 12,478 shares during the period. Vanguard FTSE Developed Markets ETF makes up about 10.5% of Equita Financial Network Inc.’s investment portfolio, making the stock its 2nd largest position. Equita Financial Network Inc.’s holdings in Vanguard FTSE Developed Markets ETF were worth $30,952,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. IFS Advisors LLC acquired a new stake in shares of Vanguard FTSE Developed Markets ETF in the 2nd quarter worth $35,000. Armstrong Advisory Group Inc. lifted its position in shares of Vanguard FTSE Developed Markets ETF by 210.1% during the 2nd quarter. Armstrong Advisory Group Inc. now owns 831 shares of the company’s stock valued at $47,000 after acquiring an additional 563 shares during the period. Elevation Point Wealth Partners LLC purchased a new position in Vanguard FTSE Developed Markets ETF in the 2nd quarter valued at approximately $48,000. Kilter Group LLC acquired a new position in Vanguard FTSE Developed Markets ETF during the second quarter worth $49,000. Finally, Mid American Wealth Advisory Group Inc. acquired a new position in shares of Vanguard FTSE Developed Markets ETF during the 2nd quarter worth $52,000.

Vanguard FTSE Developed Markets ETF Price Performance

Shares of VEA opened at $64.53 on Friday. Vanguard FTSE Developed Markets ETF has a 1-year low of $45.14 and a 1-year high of $64.59. The firm has a 50 day simple moving average of $61.87 and a 200-day simple moving average of $59.88. The stock has a market cap of $199.89 billion, a price-to-earnings ratio of 16.34 and a beta of 0.87.

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.