Vanguard FTSE Developed Markets ETF $VEA is Founders Financial Securities LLC’s 4th Largest Position

Founders Financial Securities LLC lifted its holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 23.3% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 657,516 shares of the company’s stock after purchasing an additional 124,126 shares during the period. Vanguard FTSE Developed Markets ETF comprises 2.4% of Founders Financial Securities LLC’s holdings, making the stock its 4th biggest position. Founders Financial Securities LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $41,075,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. TL Private Wealth lifted its position in Vanguard FTSE Developed Markets ETF by 1.7% during the fourth quarter. TL Private Wealth now owns 9,396 shares of the company’s stock valued at $606,000 after acquiring an additional 155 shares during the last quarter. Belpointe Asset Management LLC increased its stake in shares of Vanguard FTSE Developed Markets ETF by 0.5% in the fourth quarter. Belpointe Asset Management LLC now owns 34,529 shares of the company’s stock worth $2,157,000 after acquiring an additional 162 shares during the period. Spire Wealth Management increased its stake in shares of Vanguard FTSE Developed Markets ETF by 0.6% in the fourth quarter. Spire Wealth Management now owns 27,194 shares of the company’s stock worth $1,699,000 after acquiring an additional 163 shares during the period. Twelve Points Wealth Management LLC increased its stake in shares of Vanguard FTSE Developed Markets ETF by 0.9% in the fourth quarter. Twelve Points Wealth Management LLC now owns 18,902 shares of the company’s stock worth $1,220,000 after acquiring an additional 166 shares during the period. Finally, Ramsay Stattman Vela & Price Inc. grew its position in Vanguard FTSE Developed Markets ETF by 0.7% during the third quarter. Ramsay Stattman Vela & Price Inc. now owns 24,548 shares of the company’s stock valued at $1,471,000 after buying an additional 170 shares during the period.

Vanguard FTSE Developed Markets ETF Stock Performance

VEA stock opened at $71.77 on Friday. The firm has a market cap of $230.19 billion, a PE ratio of 16.34 and a beta of 0.83. The firm’s fifty day moving average is $67.82 and its 200 day moving average is $65.66. Vanguard FTSE Developed Markets ETF has a one year low of $54.63 and a one year high of $72.23.

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.