Wealthspire Advisors LLC Has $848.46 Million Stake in Vanguard FTSE Developed Markets ETF $VEA

Wealthspire Advisors LLC cut its position in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 45.8% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 13,581,933 shares of the company’s stock after selling 11,492,889 shares during the quarter. Vanguard FTSE Developed Markets ETF accounts for about 6.8% of Wealthspire Advisors LLC’s portfolio, making the stock its 2nd biggest holding. Wealthspire Advisors LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $848,463,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of the company. Tillman Hartley LLC grew its holdings in shares of Vanguard FTSE Developed Markets ETF by 208.9% during the fourth quarter. Tillman Hartley LLC now owns 16,861 shares of the company’s stock worth $1,053,000 after buying an additional 11,402 shares in the last quarter. Gerber Kawasaki Wealth & Investment Management grew its holdings in shares of Vanguard FTSE Developed Markets ETF by 34.7% during the fourth quarter. Gerber Kawasaki Wealth & Investment Management now owns 20,598 shares of the company’s stock worth $1,287,000 after buying an additional 5,308 shares in the last quarter. Summit Financial LLC grew its holdings in shares of Vanguard FTSE Developed Markets ETF by 3.5% during the fourth quarter. Summit Financial LLC now owns 716,748 shares of the company’s stock worth $44,775,000 after buying an additional 24,167 shares in the last quarter. SVRN Asset Management LLC bought a new position in shares of Vanguard FTSE Developed Markets ETF during the fourth quarter worth about $531,000. Finally, Concorde Asset Management LLC grew its holdings in shares of Vanguard FTSE Developed Markets ETF by 3.9% during the fourth quarter. Concorde Asset Management LLC now owns 7,593 shares of the company’s stock worth $474,000 after buying an additional 287 shares in the last quarter.

Vanguard FTSE Developed Markets ETF Stock Performance

NYSEARCA:VEA opened at $71.55 on Friday. The company has a market cap of $229.48 billion, a PE ratio of 16.34 and a beta of 0.83. Vanguard FTSE Developed Markets ETF has a 52-week low of $54.63 and a 52-week high of $72.32. The stock has a 50-day simple moving average of $69.33 and a 200 day simple moving average of $66.37.

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.