Duncan Williams Asset Management LLC Buys 53,209 Shares of Vanguard FTSE Developed Markets ETF $VEA

Duncan Williams Asset Management LLC grew its stake in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 41.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 181,890 shares of the company’s stock after purchasing an additional 53,209 shares during the quarter. Vanguard FTSE Developed Markets ETF makes up about 3.0% of Duncan Williams Asset Management LLC’s holdings, making the stock its 7th biggest position. Duncan Williams Asset Management LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $12,150,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in VEA. Nova Wealth Management Inc. raised its holdings in Vanguard FTSE Developed Markets ETF by 151.5% during the fourth quarter. Nova Wealth Management Inc. now owns 420 shares of the company’s stock worth $26,000 after purchasing an additional 253 shares in the last quarter. GGM Financials LLC acquired a new stake in Vanguard FTSE Developed Markets ETF during the third quarter worth approximately $27,000. Ulland Investment Advisors LLC raised its holdings in Vanguard FTSE Developed Markets ETF by 75.6% during the third quarter. Ulland Investment Advisors LLC now owns 562 shares of the company’s stock worth $34,000 after purchasing an additional 242 shares in the last quarter. Strategic Wealth Advisors LLC acquired a new stake in Vanguard FTSE Developed Markets ETF during the fourth quarter worth approximately $35,000. Finally, Cloud Capital Management LLC acquired a new stake in Vanguard FTSE Developed Markets ETF during the third quarter worth approximately $37,000.

Vanguard FTSE Developed Markets ETF Stock Performance

VEA stock opened at $69.08 on Monday. Vanguard FTSE Developed Markets ETF has a twelve month low of $54.21 and a twelve month high of $71.12. The company’s 50 day moving average is $66.72 and its two-hundred day moving average is $65.01. The stock has a market cap of $221.56 billion, a P/E ratio of 16.34 and a beta of 0.83.

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.