Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) is Financial Advisory Corp’s 5th Largest Position

Financial Advisory Corp reduced its position in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 8.9% in the 1st quarter, Holdings Channel.com reports. The institutional investor owned 859,049 shares of the company’s stock after selling 84,265 shares during the period. Vanguard FTSE Developed Markets ETF comprises 7.2% of Financial Advisory Corp’s portfolio, making the stock its 5th biggest holding. Financial Advisory Corp’s holdings in Vanguard FTSE Developed Markets ETF were worth $43,665,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Brooklyn FI LLC grew its position in shares of Vanguard FTSE Developed Markets ETF by 6,702.3% in the fourth quarter. Brooklyn FI LLC now owns 35,997,541 shares of the company’s stock valued at $1,806,348,000 after purchasing an additional 35,468,345 shares in the last quarter. Raymond James Financial Inc. purchased a new stake in shares of Vanguard FTSE Developed Markets ETF in the fourth quarter valued at approximately $563,154,000. Bank of America Corp DE grew its position in shares of Vanguard FTSE Developed Markets ETF by 6.6% in the fourth quarter. Bank of America Corp DE now owns 175,393,114 shares of the company’s stock valued at $8,387,299,000 after purchasing an additional 10,807,527 shares in the last quarter. Betterment LLC grew its position in shares of Vanguard FTSE Developed Markets ETF by 8.0% in the fourth quarter. Betterment LLC now owns 137,485,176 shares of the company’s stock valued at $6,574,541,000 after purchasing an additional 10,132,168 shares in the last quarter. Finally, US Bancorp DE grew its position in shares of Vanguard FTSE Developed Markets ETF by 56.6% in the fourth quarter. US Bancorp DE now owns 23,812,753 shares of the company’s stock valued at $1,138,726,000 after purchasing an additional 8,608,172 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Price Performance

VEA stock opened at $56.28 on Friday. The business has a 50 day simple moving average of $52.55 and a 200-day simple moving average of $50.99. The firm has a market capitalization of $160.40 billion, a PE ratio of 16.52 and a beta of 0.87. Vanguard FTSE Developed Markets ETF has a 1 year low of $45.14 and a 1 year high of $56.37.

Vanguard FTSE Developed Markets ETF 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.