Vanguard FTSE Developed Markets ETF $VEA is Acumen Wealth Advisors LLC’s 6th Largest Position

Acumen Wealth Advisors LLC lifted its holdings in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 1,611.6% during the first quarter, HoldingsChannel reports. The firm owned 181,839 shares of the company’s stock after purchasing an additional 171,215 shares during the quarter. Vanguard FTSE Developed Markets ETF accounts for about 3.1% of Acumen Wealth Advisors LLC’s investment portfolio, making the stock its 6th biggest holding. Acumen Wealth Advisors LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $11,652,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in VEA. Auto Owners Insurance Co increased its holdings in 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 worth $4,600,073,000 after acquiring an additional 72,590,763 shares during the last quarter. Morgan Stanley boosted its position in 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 worth $5,652,975,000 after purchasing an additional 27,650,637 shares during the period. Corient Private Wealth LLC increased its stake in shares of Vanguard FTSE Developed Markets ETF by 122.9% in the second 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. Jasper Ridge Partners L.P. raised its position 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 valued at $1,243,812,000 after purchasing an additional 5,451,849 shares during the period. Finally, Cambridge Associates LLC MA ADV raised its position in shares of Vanguard FTSE Developed Markets ETF by 152.5% in the third quarter. Cambridge Associates LLC MA ADV now owns 8,489,920 shares of the company’s stock valued at $508,716,000 after purchasing an additional 5,127,412 shares during the period.

Vanguard FTSE Developed Markets ETF Trading Up 1.8%

Shares of VEA stock opened at $70.47 on Wednesday. The firm’s 50 day moving average is $70.82 and its 200 day moving average is $68.09. The stock has a market capitalization of $228.32 billion, a P/E 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.

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.