Thrivent Financial for Lutherans Grows Position in Vanguard FTSE Developed Markets ETF $VEA

Thrivent Financial for Lutherans boosted its stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 90.9% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 1,419,834 shares of the company’s stock after buying an additional 675,953 shares during the quarter. Thrivent Financial for Lutherans’ holdings in Vanguard FTSE Developed Markets ETF were worth $88,940,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Nova Wealth Management Inc. raised its position 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 buying an additional 253 shares during the last quarter. GGM Financials LLC purchased a new stake in Vanguard FTSE Developed Markets ETF in the 3rd quarter valued at $27,000. Ulland Investment Advisors LLC raised its position in Vanguard FTSE Developed Markets ETF by 75.6% in the 3rd quarter. Ulland Investment Advisors LLC now owns 562 shares of the company’s stock valued at $34,000 after buying an additional 242 shares during the last quarter. Strategic Wealth Advisors LLC purchased a new stake in Vanguard FTSE Developed Markets ETF in the 4th quarter valued at $35,000. Finally, Cloud Capital Management LLC purchased a new stake in Vanguard FTSE Developed Markets ETF in the 3rd quarter valued at $37,000.

Vanguard FTSE Developed Markets ETF Trading Down 2.1%

NYSEARCA VEA opened at $69.08 on Friday. The firm has a market capitalization of $221.56 billion, a P/E ratio of 16.34 and a beta of 0.83. The business has a fifty day simple moving average of $66.72 and a 200 day simple moving average of $64.98. Vanguard FTSE Developed Markets ETF has a 12 month low of $54.21 and a 12 month high of $71.12.

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.