Savvy Advisors Inc. Buys 116,621 Shares of Vanguard FTSE Developed Markets ETF $VEA

Savvy Advisors Inc. lifted its position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 25.8% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 568,020 shares of the company’s stock after purchasing an additional 116,621 shares during the period. Vanguard FTSE Developed Markets ETF comprises approximately 1.1% of Savvy Advisors Inc.’s holdings, making the stock its 14th biggest holding. Savvy Advisors Inc.’s holdings in Vanguard FTSE Developed Markets ETF were worth $35,484,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of VEA. Corient Private Wealth LLC lifted its stake in Vanguard FTSE Developed Markets ETF by 122.9% in the 2nd quarter. Corient Private Wealth LLC now owns 41,168,047 shares of the company’s stock worth $2,201,917,000 after purchasing an additional 22,700,179 shares in the last quarter. Gallagher Fiduciary Advisors LLC grew its position in shares of Vanguard FTSE Developed Markets ETF by 5,002.6% during the 2nd quarter. Gallagher Fiduciary Advisors LLC now owns 11,901,177 shares of the company’s stock valued at $678,486,000 after purchasing an additional 11,667,939 shares in the last quarter. Moneta Group Investment Advisors LLC grew its position in shares of Vanguard FTSE Developed Markets ETF by 904.9% during the 3rd quarter. Moneta Group Investment Advisors LLC now owns 10,887,168 shares of the company’s stock valued at $652,359,000 after purchasing an additional 9,803,737 shares in the last quarter. Bank of America Corp DE increased its holdings in shares of Vanguard FTSE Developed Markets ETF by 3.0% in the second quarter. Bank of America Corp DE now owns 194,545,244 shares of the company’s stock worth $11,091,024,000 after purchasing an additional 5,747,233 shares during the period. Finally, Jasper Ridge Partners L.P. increased its holdings in shares of Vanguard FTSE Developed Markets ETF by 35.6% in the third quarter. Jasper Ridge Partners L.P. now owns 20,757,883 shares of the company’s stock worth $1,243,812,000 after purchasing an additional 5,451,849 shares during the period.

Vanguard FTSE Developed Markets ETF Stock Performance

Shares of VEA stock opened at $64.64 on Friday. The company has a market capitalization of $204.18 billion, a PE 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 business’s fifty day moving average is $66.41 and its 200 day moving average is $63.35.

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.