BCS Wealth Management Invests $331,000 in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

BCS Wealth Management acquired a new stake in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) during the fourth quarter, according to its most recent disclosure with the SEC. The fund acquired 6,932 shares of the company’s stock, valued at approximately $331,000.

Other hedge funds also recently made changes to their positions in the company. Creative Planning lifted its position in shares of Vanguard FTSE Developed Markets ETF by 3.8% in the third quarter. Creative Planning now owns 145,118,743 shares of the company’s stock valued at $7,663,721,000 after acquiring an additional 5,341,481 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its stake in Vanguard FTSE Developed Markets ETF by 4.9% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 50,962,305 shares of the company’s stock valued at $2,518,573,000 after purchasing an additional 2,402,484 shares during the period. WealthNavi Inc. lifted its holdings in Vanguard FTSE Developed Markets ETF by 5.6% in the 3rd quarter. WealthNavi Inc. now owns 46,095,601 shares of the company’s stock worth $2,434,309,000 after purchasing an additional 2,436,012 shares in the last quarter. LPL Financial LLC lifted its holdings in Vanguard FTSE Developed Markets ETF by 4.5% in the 3rd quarter. LPL Financial LLC now owns 22,283,298 shares of the company’s stock worth $1,176,781,000 after purchasing an additional 954,457 shares in the last quarter. Finally, Mercer Global Advisors Inc. ADV boosted its stake in Vanguard FTSE Developed Markets ETF by 10.6% in the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 19,366,592 shares of the company’s stock worth $948,309,000 after purchasing an additional 1,860,937 shares during the period.

Vanguard FTSE Developed Markets ETF Price Performance

Vanguard FTSE Developed Markets ETF stock opened at $47.58 on Wednesday. Vanguard FTSE Developed Markets ETF has a 1 year low of $45.91 and a 1 year high of $53.40. The firm’s 50 day moving average price is $49.15 and its 200-day moving average price is $50.34. The stock has a market cap of $124.66 billion, a P/E ratio of 13.32 and a beta of 0.88.

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.