Vanguard FTSE Developed Markets ETF $VEA Shares Acquired by Zhang Financial LLC

Zhang Financial LLC increased its position in shares of Vanguard FTSE Developed Markets ETF (NYSEARCA:VEA) by 20.1% during the third quarter, Holdings Channel reports. The institutional investor owned 303,322 shares of the company’s stock after buying an additional 50,679 shares during the quarter. Vanguard FTSE Developed Markets ETF comprises about 0.7% of Zhang Financial LLC’s portfolio, making the stock its 29th largest holding. Zhang Financial LLC’s holdings in Vanguard FTSE Developed Markets ETF were worth $18,175,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Brighton Jones LLC grew its stake in shares of Vanguard FTSE Developed Markets ETF by 79.2% during the fourth quarter. Brighton Jones LLC now owns 243,622 shares of the company’s stock worth $11,650,000 after purchasing an additional 107,649 shares in the last quarter. Revolve Wealth Partners LLC raised its position in shares of Vanguard FTSE Developed Markets ETF by 47.3% during the 4th quarter. Revolve Wealth Partners LLC now owns 123,485 shares of the company’s stock worth $5,905,000 after acquiring an additional 39,653 shares in the last quarter. Capstone Wealth Management Group LLC purchased a new stake in Vanguard FTSE Developed Markets ETF during the first quarter worth approximately $209,000. First Command Advisory Services Inc. acquired a new stake in Vanguard FTSE Developed Markets ETF during the second quarter worth approximately $89,000. Finally, Bessemer Group Inc. grew its position in shares of Vanguard FTSE Developed Markets ETF by 26.1% in the 2nd quarter. Bessemer Group Inc. now owns 241,266 shares of the company’s stock valued at $13,754,000 after buying an additional 49,963 shares during the last quarter.

Vanguard FTSE Developed Markets ETF Price Performance

Shares of NYSEARCA:VEA opened at $69.46 on Wednesday. Vanguard FTSE Developed Markets ETF has a 12 month low of $45.14 and a 12 month high of $69.65. The firm has a market capitalization of $215.16 billion, a P/E ratio of 16.34 and a beta of 0.87. The company’s fifty day moving average price is $65.52 and its 200 day moving average price is $62.14.

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.