EverSource Wealth Advisors LLC Has $64.26 Million Position in Vanguard FTSE Developed Markets ETF $VEA

EverSource Wealth Advisors LLC reduced its stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 2.9% during the 3rd quarter, HoldingsChannel reports. The fund owned 1,072,409 shares of the company’s stock after selling 32,284 shares during the quarter. Vanguard FTSE Developed Markets ETF comprises 2.5% of EverSource Wealth Advisors LLC’s investment portfolio, making the stock its 2nd largest position. EverSource Wealth Advisors LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $64,259,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Fortis Capital Management LLC raised its stake in shares of Vanguard FTSE Developed Markets ETF by 35.3% in the 3rd quarter. Fortis Capital Management LLC now owns 8,055 shares of the company’s stock valued at $483,000 after purchasing an additional 2,101 shares during the period. Geometric Wealth Advisors boosted its position in shares of Vanguard FTSE Developed Markets ETF by 2.2% during the third quarter. Geometric Wealth Advisors now owns 19,961 shares of the company’s stock worth $1,196,000 after buying an additional 428 shares during the period. Ameritas Investment Partners Inc. grew its holdings in shares of Vanguard FTSE Developed Markets ETF by 1.4% during the third quarter. Ameritas Investment Partners Inc. now owns 663,254 shares of the company’s stock worth $39,742,000 after buying an additional 9,368 shares in the last quarter. Kovitz Investment Group Partners LLC grew its holdings in shares of Vanguard FTSE Developed Markets ETF by 3.5% during the third quarter. Kovitz Investment Group Partners LLC now owns 2,134,598 shares of the company’s stock worth $127,905,000 after buying an additional 71,436 shares in the last quarter. Finally, Alteri Wealth LLC raised its position in Vanguard FTSE Developed Markets ETF by 5.1% in the 3rd quarter. Alteri Wealth LLC now owns 8,672 shares of the company’s stock valued at $520,000 after buying an additional 417 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Stock Performance

NYSEARCA VEA opened at $69.18 on Tuesday. Vanguard FTSE Developed Markets ETF has a 52 week low of $45.14 and a 52 week high of $69.66. The stock’s 50 day moving average price is $65.38 and its two-hundred day moving average price is $62.06. The stock has a market capitalization of $214.29 billion, a price-to-earnings ratio of 16.34 and a beta of 0.87.

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.