Montis Financial LLC Increases Position in Vanguard FTSE Developed Markets ETF $VEA

Montis Financial LLC raised its stake in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 7.2% in the third quarter, according to its most recent 13F filing with the SEC. The fund owned 531,711 shares of the company’s stock after purchasing an additional 35,771 shares during the period. Vanguard FTSE Developed Markets ETF makes up approximately 7.3% of Montis Financial LLC’s portfolio, making the stock its biggest holding. Montis Financial LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $31,860,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of VEA. Princeton Global Asset Management LLC grew its holdings in Vanguard FTSE Developed Markets ETF by 2.6% during the third quarter. Princeton Global Asset Management LLC now owns 6,718 shares of the company’s stock worth $403,000 after buying an additional 168 shares in the last quarter. Smith Salley Wealth Management raised its holdings in shares of Vanguard FTSE Developed Markets ETF by 0.8% in the third quarter. Smith Salley Wealth Management now owns 20,096 shares of the company’s stock valued at $1,204,000 after purchasing an additional 168 shares during the last quarter. Armbruster Capital Management Inc. lifted its position in shares of Vanguard FTSE Developed Markets ETF by 0.3% during the third quarter. Armbruster Capital Management Inc. now owns 62,626 shares of the company’s stock valued at $3,753,000 after purchasing an additional 169 shares in the last quarter. Stanley Laman Group Ltd. boosted its holdings in Vanguard FTSE Developed Markets ETF by 1.5% during the third quarter. Stanley Laman Group Ltd. now owns 11,455 shares of the company’s stock worth $686,000 after purchasing an additional 169 shares during the last quarter. Finally, Alliance Wealth Advisors LLC boosted its holdings in Vanguard FTSE Developed Markets ETF by 2.2% during the third quarter. Alliance Wealth Advisors LLC now owns 8,172 shares of the company’s stock worth $490,000 after purchasing an additional 173 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Stock Performance

NYSEARCA:VEA opened at $64.96 on Friday. Vanguard FTSE Developed Markets ETF has a 52 week low of $45.14 and a 52 week high of $65.18. The firm has a 50-day moving average price of $62.20 and a two-hundred day moving average price of $60.09. The firm has a market cap of $201.22 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.