AE Wealth Management LLC Increases Stock Holdings in Vanguard FTSE Developed Markets ETF $VEA

AE Wealth Management LLC grew its stake in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 9.4% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 208,552 shares of the company’s stock after buying an additional 18,001 shares during the period. AE Wealth Management LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $12,496,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. IFS Advisors LLC purchased a new position in Vanguard FTSE Developed Markets ETF during the 2nd quarter worth approximately $35,000. Elevation Point Wealth Partners LLC acquired a new stake in shares of Vanguard FTSE Developed Markets ETF in the second quarter valued at approximately $48,000. Kilter Group LLC purchased a new position in shares of Vanguard FTSE Developed Markets ETF during the second quarter worth approximately $49,000. Mid American Wealth Advisory Group Inc. purchased a new position in shares of Vanguard FTSE Developed Markets ETF during the second quarter worth approximately $52,000. Finally, RMG Wealth Management LLC acquired a new position in shares of Vanguard FTSE Developed Markets ETF in the 2nd quarter valued at $64,000.

Vanguard FTSE Developed Markets ETF Price Performance

Shares of NYSEARCA:VEA opened at $66.20 on Friday. Vanguard FTSE Developed Markets ETF has a 1-year low of $45.14 and a 1-year high of $67.39. The stock has a market cap of $205.06 billion, a P/E ratio of 16.34 and a beta of 0.87. The firm has a fifty day moving average price of $63.33 and a 200 day moving average price of $60.76.

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.