Brookstone Capital Management Boosts Stake in Vanguard FTSE Developed Markets ETF $VEA

Brookstone Capital Management lifted its stake in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 10.3% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 1,024,040 shares of the company’s stock after acquiring an additional 95,594 shares during the period. Vanguard FTSE Developed Markets ETF makes up 0.7% of Brookstone Capital Management’s investment portfolio, making the stock its 27th biggest position. Brookstone Capital Management’s holdings in Vanguard FTSE Developed Markets ETF were worth $63,972,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in VEA. Nova Wealth Management Inc. lifted its position in Vanguard FTSE Developed Markets ETF by 151.5% in the 4th quarter. Nova Wealth Management Inc. now owns 420 shares of the company’s stock worth $26,000 after buying an additional 253 shares during the last quarter. GGM Financials LLC bought a new position in Vanguard FTSE Developed Markets ETF during the third quarter valued at approximately $27,000. Ulland Investment Advisors LLC grew its position in Vanguard FTSE Developed Markets ETF by 75.6% during the third quarter. Ulland Investment Advisors LLC now owns 562 shares of the company’s stock valued at $34,000 after acquiring an additional 242 shares during the last quarter. Cloud Capital Management LLC purchased a new position in shares of Vanguard FTSE Developed Markets ETF during the third quarter worth approximately $37,000. Finally, Elevation Point Wealth Partners LLC bought a new stake in shares of Vanguard FTSE Developed Markets ETF in the 2nd quarter worth approximately $48,000.

Vanguard FTSE Developed Markets ETF Stock Performance

Shares of Vanguard FTSE Developed Markets ETF stock opened at $62.03 on Tuesday. Vanguard FTSE Developed Markets ETF has a 52-week low of $45.14 and a 52-week high of $70.55. The stock has a market capitalization of $192.14 billion, a price-to-earnings ratio of 16.34 and a beta of 0.87. The company has a fifty day moving average of $66.45 and a 200-day moving average of $63.24.

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.