Wealthspire Advisors LLC Acquires 458,981 Shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA)

Wealthspire Advisors LLC raised its stake in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 5.6% in the fourth quarter, Holdings Channel.com reports. The firm owned 8,628,566 shares of the company’s stock after buying an additional 458,981 shares during the period. Vanguard FTSE Developed Markets ETF comprises approximately 5.9% of Wealthspire Advisors LLC’s investment portfolio, making the stock its 3rd biggest holding. Wealthspire Advisors LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $413,308,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Wetzel Investment Advisors Inc. bought a new stake in Vanguard FTSE Developed Markets ETF during the fourth quarter worth $26,000. Versant Capital Management Inc purchased a new stake in shares of Vanguard FTSE Developed Markets ETF in the fourth quarter valued at about $29,000. First Command Advisory Services Inc. boosted its holdings in Vanguard FTSE Developed Markets ETF by 81.3% during the fourth quarter. First Command Advisory Services Inc. now owns 689 shares of the company’s stock worth $33,000 after purchasing an additional 309 shares during the last quarter. Investment Research & Advisory Group Inc. grew its position in Vanguard FTSE Developed Markets ETF by 273.9% in the 4th quarter. Investment Research & Advisory Group Inc. now owns 703 shares of the company’s stock worth $34,000 after purchasing an additional 515 shares in the last quarter. Finally, Orion Capital Management LLC purchased a new stake in Vanguard FTSE Developed Markets ETF in the 3rd quarter valued at about $40,000.

Vanguard FTSE Developed Markets ETF Stock Performance

Shares of Vanguard FTSE Developed Markets ETF stock traded up $0.37 during mid-day trading on Thursday, hitting $50.34. 7,105,843 shares of the stock were exchanged, compared to its average volume of 11,420,250. Vanguard FTSE Developed Markets ETF has a 12 month low of $41.48 and a 12 month high of $50.36. The company has a 50-day simple moving average of $49.36 and a 200 day simple moving average of $47.41. The company has a market capitalization of $131.89 billion, a P/E ratio of 13.32 and a beta of 0.88.

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.