Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) Shares Purchased by Apollon Wealth Management LLC

Apollon Wealth Management LLC boosted its position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 41.4% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 493,983 shares of the company’s stock after purchasing an additional 144,542 shares during the period. Vanguard FTSE Developed Markets ETF accounts for approximately 0.8% of Apollon Wealth Management LLC’s portfolio, making the stock its 23rd biggest position. Apollon Wealth Management LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $23,662,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Lincoln National Corp raised its stake in shares of Vanguard FTSE Developed Markets ETF by 8.6% during the 4th quarter. Lincoln National Corp now owns 3,721,077 shares of the company’s stock valued at $178,240,000 after buying an additional 296,212 shares during the last quarter. Fielder Capital Group LLC acquired a new stake in Vanguard FTSE Developed Markets ETF during the fourth quarter worth about $403,000. UNIVEST FINANCIAL Corp raised its position in Vanguard FTSE Developed Markets ETF by 13.1% during the fourth quarter. UNIVEST FINANCIAL Corp now owns 6,129 shares of the company’s stock valued at $294,000 after acquiring an additional 710 shares in the last quarter. Private Advisor Group LLC lifted its holdings in Vanguard FTSE Developed Markets ETF by 4.1% in the fourth quarter. Private Advisor Group LLC now owns 837,893 shares of the company’s stock valued at $40,135,000 after acquiring an additional 32,623 shares during the period. Finally, Wealthcare Advisory Partners LLC boosted its position in Vanguard FTSE Developed Markets ETF by 2.4% in the 4th quarter. Wealthcare Advisory Partners LLC now owns 555,467 shares of the company’s stock worth $26,607,000 after purchasing an additional 13,068 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Stock Up 0.1 %

Shares of NYSEARCA VEA traded up $0.07 during midday trading on Tuesday, reaching $50.02. 7,874,304 shares of the stock were exchanged, compared to its average volume of 11,524,609. The firm has a market cap of $131.05 billion, a price-to-earnings ratio of 13.32 and a beta of 0.88. The firm has a 50-day simple moving average of $49.30 and a two-hundred day simple moving average of $47.33. Vanguard FTSE Developed Markets ETF has a twelve month low of $41.48 and a twelve month high of $50.36.

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.