HBK Sorce Advisory LLC Purchases 100,520 Shares of Vanguard FTSE Developed Markets ETF $VEA

HBK Sorce Advisory LLC lifted its position in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 1.4% during the second quarter, HoldingsChannel.com reports. The fund owned 7,502,020 shares of the company’s stock after purchasing an additional 100,520 shares during the period. Vanguard FTSE Developed Markets ETF makes up approximately 11.6% of HBK Sorce Advisory LLC’s investment portfolio, making the stock its 3rd biggest holding. HBK Sorce Advisory LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $427,690,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of VEA. von Borstel & Associates Inc. acquired a new stake in shares of Vanguard FTSE Developed Markets ETF in the 1st quarter valued at approximately $26,000. Financial Network Wealth Advisors LLC acquired a new stake in shares of Vanguard FTSE Developed Markets ETF in the 1st quarter valued at approximately $26,000. Financial Gravity Asset Management Inc. acquired a new stake in shares of Vanguard FTSE Developed Markets ETF in the 1st quarter valued at approximately $28,000. Nemes Rush Group LLC raised its position in shares of Vanguard FTSE Developed Markets ETF by 236.5% in the 1st quarter. Nemes Rush Group LLC now owns 572 shares of the company’s stock valued at $29,000 after acquiring an additional 402 shares during the period. Finally, IFS Advisors LLC acquired a new stake in shares of Vanguard FTSE Developed Markets ETF in the 2nd quarter valued at approximately $35,000.

Vanguard FTSE Developed Markets ETF Price Performance

Shares of NYSEARCA:VEA opened at $61.31 on Thursday. The company has a market capitalization of $182.68 billion, a price-to-earnings ratio of 16.34 and a beta of 0.87. The firm’s 50 day simple moving average is $59.93 and its 200 day simple moving average is $57.11. Vanguard FTSE Developed Markets ETF has a fifty-two week low of $45.14 and a fifty-two week high of $61.80.

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.