Cornerstone Wealth Advisors Inc. grew its stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA – Free Report) by 16.3% during the fourth quarter, HoldingsChannel reports. The firm owned 403,402 shares of the company’s stock after purchasing an additional 56,457 shares during the quarter. Vanguard FTSE Developed Markets ETF comprises approximately 5.9% of Cornerstone Wealth Advisors Inc.’s portfolio, making the stock its 6th biggest holding. Cornerstone Wealth Advisors Inc.’s holdings in Vanguard FTSE Developed Markets ETF were worth $25,201,000 at the end of the most recent quarter.
Several other large investors have also modified their holdings of the stock. GGM Financials LLC acquired a new position in Vanguard FTSE Developed Markets ETF in the 3rd quarter valued at $27,000. Ulland Investment Advisors LLC lifted its stake in shares of Vanguard FTSE Developed Markets ETF by 75.6% in the 3rd quarter. Ulland Investment Advisors LLC now owns 562 shares of the company’s stock worth $34,000 after acquiring an additional 242 shares during the period. Cloud Capital Management LLC acquired a new stake in shares of Vanguard FTSE Developed Markets ETF in the 3rd quarter worth $37,000. Elevation Point Wealth Partners LLC purchased a new stake in shares of Vanguard FTSE Developed Markets ETF in the second quarter valued at about $48,000. Finally, Kilter Group LLC purchased a new stake in shares of Vanguard FTSE Developed Markets ETF in the second quarter valued at about $49,000.
Vanguard FTSE Developed Markets ETF Stock Down 0.7%
Shares of Vanguard FTSE Developed Markets ETF stock opened at $62.05 on Friday. The firm has a market cap of $192.21 billion, a price-to-earnings ratio of 16.34 and a beta of 0.87. Vanguard FTSE Developed Markets ETF has a 52-week low of $45.14 and a 52-week high of $70.55. The company’s 50-day simple moving average is $66.52 and its 200-day simple moving average is $63.20.
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.
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