Axxcess Wealth Management LLC Purchases 180,889 Shares of Vanguard FTSE Developed Markets ETF $VEA

Axxcess Wealth Management LLC raised its position in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 60.9% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 478,101 shares of the company’s stock after buying an additional 180,889 shares during the period. Axxcess Wealth Management LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $29,867,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in VEA. Birchwood Financial Partners Inc. bought a new stake in Vanguard FTSE Developed Markets ETF in the 4th quarter worth $2,631,000. Corient Private Wealth LLC raised its stake in shares of Vanguard FTSE Developed Markets ETF by 42.8% during the fourth quarter. Corient Private Wealth LLC now owns 34,849,543 shares of the company’s stock valued at $2,177,051,000 after acquiring an additional 10,449,040 shares during the last quarter. Strive Financial Group LLC bought a new position in shares of Vanguard FTSE Developed Markets ETF during the fourth quarter valued at about $204,000. Mercer Global Advisors Inc. ADV boosted its holdings in shares of Vanguard FTSE Developed Markets ETF by 4.3% during the fourth quarter. Mercer Global Advisors Inc. ADV now owns 34,844,186 shares of the company’s stock worth $2,175,185,000 after purchasing an additional 1,430,290 shares during the period. Finally, Raymond James Financial Inc. boosted its holdings in shares of Vanguard FTSE Developed Markets ETF by 6.1% during the fourth quarter. Raymond James Financial Inc. now owns 14,278,396 shares of the company’s stock worth $891,971,000 after purchasing an additional 816,824 shares during the period.

Vanguard FTSE Developed Markets ETF Price Performance

NYSEARCA VEA opened at $72.31 on Friday. The stock has a market capitalization of $231.92 billion, a PE ratio of 16.34 and a beta of 0.83. Vanguard FTSE Developed Markets ETF has a 1 year low of $54.63 and a 1 year high of $73.23. The business’s 50-day moving average is $69.92 and its 200 day moving average is $66.73.

Vanguard FTSE Developed Markets ETF 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.