Tectonic Advisors LLC Has $162.40 Million Stock Holdings in Vanguard FTSE Developed Markets ETF $VEA

Tectonic Advisors LLC boosted its holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 0.6% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 2,848,681 shares of the company’s stock after purchasing an additional 15,915 shares during the quarter. Vanguard FTSE Developed Markets ETF comprises 9.4% of Tectonic Advisors LLC’s holdings, making the stock its largest holding. Tectonic Advisors LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $162,403,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in VEA. Kessler Investment Group LLC acquired a new stake in Vanguard FTSE Developed Markets ETF in the first quarter valued at approximately $26,000. von Borstel & Associates Inc. acquired a new stake in Vanguard FTSE Developed Markets ETF in the first quarter valued at approximately $26,000. Financial Network Wealth Advisors LLC acquired a new stake in Vanguard FTSE Developed Markets ETF in the first quarter valued at approximately $26,000. Financial Gravity Asset Management Inc. acquired a new stake in Vanguard FTSE Developed Markets ETF in the first quarter valued at approximately $28,000. Finally, Nemes Rush Group LLC grew its stake in Vanguard FTSE Developed Markets ETF by 236.5% in the first quarter. Nemes Rush Group LLC now owns 572 shares of the company’s stock valued at $29,000 after acquiring an additional 402 shares during the period.

Vanguard FTSE Developed Markets ETF Stock Performance

Shares of Vanguard FTSE Developed Markets ETF stock opened at $60.84 on Thursday. Vanguard FTSE Developed Markets ETF has a 52 week low of $45.14 and a 52 week high of $61.32. The stock has a 50 day moving average price of $59.07 and a two-hundred day moving average price of $55.85. The stock has a market capitalization of $178.83 billion, a PE ratio of 16.34 and a beta of 0.89.

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.