Verdence Capital Advisors LLC Takes $2.95 Million Position in Vanguard FTSE Developed Markets ETF $VEA

Verdence Capital Advisors LLC acquired a new position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 47,896 shares of the company’s stock, valued at approximately $2,954,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Brighton Jones LLC boosted its stake in Vanguard FTSE Developed Markets ETF by 79.2% during the fourth quarter. Brighton Jones LLC now owns 243,622 shares of the company’s stock worth $11,650,000 after buying an additional 107,649 shares during the period. Revolve Wealth Partners LLC raised its stake in shares of Vanguard FTSE Developed Markets ETF by 47.3% in the 4th quarter. Revolve Wealth Partners LLC now owns 123,485 shares of the company’s stock valued at $5,905,000 after acquiring an additional 39,653 shares during the period. Capstone Wealth Management Group LLC acquired a new position in shares of Vanguard FTSE Developed Markets ETF in the 1st quarter worth approximately $209,000. Annex Advisory Services LLC boosted its position in shares of Vanguard FTSE Developed Markets ETF by 47.0% during the 2nd quarter. Annex Advisory Services LLC now owns 15,706 shares of the company’s stock worth $895,000 after purchasing an additional 5,020 shares during the period. Finally, Pacifica Partners Inc. increased its holdings in Vanguard FTSE Developed Markets ETF by 42.4% in the 2nd quarter. Pacifica Partners Inc. now owns 3,742 shares of the company’s stock valued at $213,000 after purchasing an additional 1,114 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Stock Up 0.3%

Shares of NYSEARCA VEA opened at $65.14 on Tuesday. The business’s 50 day moving average is $62.37 and its two-hundred day moving average is $60.24. 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 market cap of $201.78 billion, a price-to-earnings ratio of 16.34 and a beta of 0.87.

Vanguard FTSE Developed Markets ETF Company 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.