Ellis Investment Partners LLC Takes Position in Vanguard FTSE Developed Markets ETF $VEA

Ellis Investment Partners LLC purchased a new stake in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 3,759 shares of the company’s stock, valued at approximately $214,000.

Other institutional investors and hedge funds have also modified their holdings of the company. TFO Wealth Partners LLC purchased a new position in Vanguard FTSE Developed Markets ETF in the first quarter valued at about $222,710,000. Arkadios Wealth Advisors grew its stake in Vanguard FTSE Developed Markets ETF by 289.9% in the first quarter. Arkadios Wealth Advisors now owns 93,032 shares of the company’s stock valued at $4,729,000 after purchasing an additional 69,173 shares in the last quarter. Fiduciary Alliance LLC grew its stake in Vanguard FTSE Developed Markets ETF by 3.5% in the second quarter. Fiduciary Alliance LLC now owns 8,732 shares of the company’s stock valued at $498,000 after purchasing an additional 292 shares in the last quarter. Twelve Points Wealth Management LLC grew its stake in Vanguard FTSE Developed Markets ETF by 2.7% in the second quarter. Twelve Points Wealth Management LLC now owns 19,660 shares of the company’s stock valued at $1,121,000 after purchasing an additional 508 shares in the last quarter. Finally, Financial Synergies Wealth Advisors Inc. grew its stake in Vanguard FTSE Developed Markets ETF by 3.2% in the first quarter. Financial Synergies Wealth Advisors Inc. now owns 900,352 shares of the company’s stock valued at $45,765,000 after purchasing an additional 27,816 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Price Performance

Shares of NYSEARCA:VEA opened at $59.80 on Tuesday. Vanguard FTSE Developed Markets ETF has a fifty-two week low of $45.14 and a fifty-two week high of $61.32. The business has a 50-day moving average of $59.28 and a two-hundred day moving average of $56.07. The stock has a market capitalization of $178.18 billion, a P/E ratio of 16.34 and a beta of 0.89.

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.