Founders Financial Securities LLC Has $24.16 Million Stock Position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Founders Financial Securities LLC raised its holdings in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 10.2% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 488,921 shares of the company’s stock after buying an additional 45,065 shares during the quarter. Vanguard FTSE Developed Markets ETF comprises about 2.3% of Founders Financial Securities LLC’s holdings, making the stock its 5th largest position. Founders Financial Securities LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $24,162,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in VEA. International Assets Investment Management LLC increased its stake in Vanguard FTSE Developed Markets ETF by 2.6% in the fourth quarter. International Assets Investment Management LLC now owns 33,761 shares of the company’s stock valued at $1,617,000 after acquiring an additional 843 shares during the last quarter. Retirement Systems of Alabama increased its position in shares of Vanguard FTSE Developed Markets ETF by 6.2% during the 4th quarter. Retirement Systems of Alabama now owns 24,535 shares of the company’s stock valued at $1,175,000 after purchasing an additional 1,427 shares during the last quarter. Gilbert & Cook Inc. raised its holdings in shares of Vanguard FTSE Developed Markets ETF by 8.2% during the 4th quarter. Gilbert & Cook Inc. now owns 1,389,435 shares of the company’s stock valued at $66,554,000 after buying an additional 104,907 shares in the last quarter. Aveo Capital Partners LLC raised its holdings in shares of Vanguard FTSE Developed Markets ETF by 0.8% during the 4th quarter. Aveo Capital Partners LLC now owns 115,507 shares of the company’s stock valued at $5,533,000 after buying an additional 923 shares in the last quarter. Finally, Summit Global Investments bought a new stake in Vanguard FTSE Developed Markets ETF in the 4th quarter worth approximately $298,000.

Vanguard FTSE Developed Markets ETF Price Performance

Shares of NYSEARCA VEA opened at $51.48 on Wednesday. The stock has a market capitalization of $134.88 billion, a P/E ratio of 13.32 and a beta of 0.88. Vanguard FTSE Developed Markets ETF has a one year low of $41.48 and a one year high of $52.54. The firm’s 50 day simple moving average is $50.41 and its two-hundred day simple moving average is $49.93.

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.