Valeo Financial Advisors LLC Grows Position in Vanguard FTSE Developed Markets ETF $VEA

Valeo Financial Advisors LLC increased its holdings in Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 1.9% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 555,111 shares of the company’s stock after acquiring an additional 10,417 shares during the quarter. Vanguard FTSE Developed Markets ETF makes up about 0.8% of Valeo Financial Advisors LLC’s investment portfolio, making the stock its 26th largest position. Valeo Financial Advisors LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $34,678,000 at the end of the most recent quarter.

A number of other hedge funds also recently added to or reduced their stakes in the business. TL Private Wealth lifted its stake in Vanguard FTSE Developed Markets ETF by 1.7% in the fourth quarter. TL Private Wealth now owns 9,396 shares of the company’s stock worth $606,000 after acquiring an additional 155 shares during the period. Belpointe Asset Management LLC lifted its stake in Vanguard FTSE Developed Markets ETF by 0.5% in the fourth quarter. Belpointe Asset Management LLC now owns 34,529 shares of the company’s stock worth $2,157,000 after acquiring an additional 162 shares during the period. Spire Wealth Management lifted its position in shares of Vanguard FTSE Developed Markets ETF by 0.6% during the fourth quarter. Spire Wealth Management now owns 27,194 shares of the company’s stock valued at $1,699,000 after buying an additional 163 shares during the last quarter. Twelve Points Wealth Management LLC lifted its position in shares of Vanguard FTSE Developed Markets ETF by 0.9% during the fourth quarter. Twelve Points Wealth Management LLC now owns 18,902 shares of the company’s stock valued at $1,220,000 after buying an additional 166 shares during the last quarter. Finally, PFG Investments LLC lifted its position in shares of Vanguard FTSE Developed Markets ETF by 0.9% during the third quarter. PFG Investments LLC now owns 18,087 shares of the company’s stock valued at $1,084,000 after buying an additional 170 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Stock Performance

VEA stock opened at $70.83 on Monday. The firm has a market cap of $227.17 billion, a price-to-earnings ratio of 16.34 and a beta of 0.83. The firm has a 50-day simple moving average of $66.56 and a two-hundred day simple moving average of $64.62. Vanguard FTSE Developed Markets ETF has a one year low of $53.51 and a one year high of $71.12.

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.