Fairway Wealth LLC Has $23.75 Million Holdings in Vanguard FTSE Developed Markets ETF $VEA

Fairway Wealth LLC increased its stake in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 5.2% during the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 370,681 shares of the company’s stock after acquiring an additional 18,402 shares during the period. Vanguard FTSE Developed Markets ETF comprises approximately 5.6% of Fairway Wealth LLC’s investment portfolio, making the stock its 6th largest holding. Fairway Wealth LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $23,746,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Nova Wealth Management Inc. increased its holdings in Vanguard FTSE Developed Markets ETF by 151.5% during the fourth 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. Ulland Investment Advisors LLC lifted its stake in 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 valued at $34,000 after purchasing an additional 242 shares during the last quarter. Strategic Wealth Advisors LLC acquired a new stake in Vanguard FTSE Developed Markets ETF in the 4th quarter valued at about $35,000. Quaker Wealth Management LLC grew its holdings in Vanguard FTSE Developed Markets ETF by 7,637.5% during the fourth quarter. Quaker Wealth Management LLC now owns 619 shares of the company’s stock worth $39,000 after purchasing an additional 611 shares during the period. Finally, Strategic Advocates LLC grew its holdings in Vanguard FTSE Developed Markets ETF by 66.1% during the fourth quarter. Strategic Advocates LLC now owns 623 shares of the company’s stock worth $39,000 after purchasing an additional 248 shares during the period.

Vanguard FTSE Developed Markets ETF Stock Up 0.5%

NYSEARCA:VEA opened at $70.92 on Tuesday. The stock’s 50 day moving average price is $70.32 and its two-hundred day moving average price is $67.19. The firm has a market capitalization of $227.46 billion, a price-to-earnings ratio of 16.34 and a beta of 0.83. Vanguard FTSE Developed Markets ETF has a 12-month low of $55.68 and a 12-month high of $73.23.

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.