Essex Financial Services Inc. Purchases 19,283 Shares of Vanguard FTSE Developed Markets ETF $VEA

Essex Financial Services Inc. grew its holdings in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 14.2% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 155,203 shares of the company’s stock after purchasing an additional 19,283 shares during the period. Essex Financial Services Inc.’s holdings in Vanguard FTSE Developed Markets ETF were worth $9,945,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. Bank of America Corp DE raised its holdings in shares of Vanguard FTSE Developed Markets ETF by 2.1% in the fourth quarter. Bank of America Corp DE now owns 205,758,023 shares of the company’s stock worth $12,853,704,000 after buying an additional 4,289,361 shares during the last quarter. Betterment LLC grew its holdings in shares of Vanguard FTSE Developed Markets ETF by 0.8% during the fourth quarter. Betterment LLC now owns 138,588,366 shares of the company’s stock valued at $8,657,615,000 after buying an additional 1,140,627 shares during the last quarter. Morgan Stanley grew its holdings in shares of Vanguard FTSE Developed Markets ETF by 44.0% during the fourth quarter. Morgan Stanley now owns 90,491,038 shares of the company’s stock valued at $5,652,975,000 after buying an additional 27,650,637 shares during the last quarter. Auto Owners Insurance Co increased its position in shares of Vanguard FTSE Developed Markets ETF by 6,941.5% in the 4th quarter. Auto Owners Insurance Co now owns 73,636,513 shares of the company’s stock valued at $4,600,073,000 after acquiring an additional 72,590,763 shares during the period. Finally, Wells Fargo & Company MN increased its position in shares of Vanguard FTSE Developed Markets ETF by 1.3% in the 4th quarter. Wells Fargo & Company MN now owns 64,314,341 shares of the company’s stock valued at $4,017,717,000 after acquiring an additional 848,196 shares during the period.

Vanguard FTSE Developed Markets ETF Price Performance

Shares of VEA stock opened at $70.36 on Thursday. The business has a fifty day moving average of $70.37 and a 200 day moving average of $67.30. Vanguard FTSE Developed Markets ETF has a 1 year low of $55.68 and a 1 year high of $73.23. The firm has a market capitalization of $226.43 billion, a price-to-earnings ratio of 16.34 and a beta of 0.83.

About Vanguard FTSE Developed Markets ETF

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.